AuditBoard, a cloud-based platform for managing audit, risk, and compliance programs, announced that it is partnering with former president and CEO of the Institute of Internal Auditors, Richard Chambers. He will hold the role of senior internal audit advisor at AuditBoard. “This relationship establishes a dynamic pairing of two industry Read More
The recent hack of the Colonial Pipeline, which has crippled the transmission of fuel in the Southeast United States, serves as a stark and alarming reminder to all businesses of the vulnerability of information systems to security breaches, hacks, and ransomware attacks. Over the last several years, most businesses have Read More
A common knock on internal audit is that, as a whole, it is slow to adopt new technologies to run its activities faster and more efficiently. Now a new report is putting some data behind such suppositions. According to a survey of internal audit leaders conducting by Protiviti, chief audit Read More
Fill out the form below to download: The 2021 Audit Management Playbook Are you an audit leader looking to take your internal audit team to the next level in 2021? Get started with the definitive guide to audit management, which contains best practices, resources, and tools for each stage of Read More
The Securities and Exchange Commission has charged sports apparel manufacturer Under Armour Inc. with misleading investors as to the bases of its revenue growth and failing to disclose known uncertainties concerning its future revenue prospects. Under Armour has agreed to pay $9 million to settle the action. According to the Read More
The D.C. Housing Authority’s former internal auditor resigned after she says she faced retaliation and intimidation from agency heads over an audit that found $1.3 million in wasted funds. In deposition testimony, the former director of DCHA’s internal audit office, Joanne Wallington, says DCHA Director Tyrone Garrett, chief operating officer Read More
The Navy has been queueing up a 70 percent budget cut to the Naval Audit Service, led by special interests and without Congressional approval. The move is unprecedented, and it could lead to significant misuse and even greater waste. With the Navy’s goal to have over 355 ships in its fleet Read More
GUEST BLOG May is International Internal Audit Awareness Month. Each year, the internal audit community supports efforts to spread the word about the great work that internal auditors do at their companies, public entities, and organizations. The aim is to promote the profession, dispel misconceptions, and remind everyone of the Read More
When looking at most internal audit job postings, we generally see requirements of what a potential new internal audit hire should already know and less about the abilities they will need to succeed once they start the job. We all know from our own personal experience that a good job Read More
The U.S. Senate voted 53-45 on Wednesday to confirm former derivative markets regulator Gary Gensler as head of the country’s top securities markets regulator, spelling a tougher regulatory regime for Wall Street. Gensler is expected to be sworn in as U.S. Securities and Exchange Commission (SEC) chairman in the coming Read More
