GUEST BLOG Coronavirus has escalated from a few isolated cases in a foreign country to a global pandemic affecting all aspects of American life. There is much we don’t know about how this pandemic will change our professional lives over the coming weeks and months. What we do know, however, Read More
A new survey of financial executives indicates that corporate America is gearing up for more layoff and belt-tightening. Companies are also putting investments and other spending on hold. The third release of PwC’s COVID-19 CFO Pulse Survey reveals 26 percent of U.S. chief financial officers anticipate layoffs, a marked increase Read More
Securities and Exchange Commission officials issued a unprecedented statement this week urging companies to be forthright and open in their earnings reports, calls with investors, and other disclosures during this time of economic upheaval. The statement underscores the unusual times companies are facing and the disruption the Coronavirus Crisis has Read More
SPONSORED ARTICLE When Michele Variale joined the Natuzzi Group as chief internal auditor in 2017, he knew that his team had to streamline operations and sharpen its focus if it was to offer senior managers what they needed to help the high-end furniture company succeed in a rapidly changing industry Read More
A new survey of internal audit leaders finds that they are focusing their coronavirus response on assessing the short-term impact of the pandemic (78 percent) and communicating with the board (72 percent). When asked for their initial strategic response to the COVID-19 crisis, chief audit executives and audit directors also Read More
It’s time for internal auditors to think differently. That’s not a new assertion, precipitated by the challenging times the coronovirus pandemic has wrought; companies have been in period of radical change for some time, and corporate leaders, internal audit experts, indeed internal auditors themselves, have implored the profession to change Read More
Due to the coronavirus stay at home orders, conducting actual inventory counts that might be required by an internal audit can be very difficult. In many areas right now, we are likely unable to go out to a client location and physically observe inventory like we’ve done in the past. Read More
The Institute of Internal Auditors has released a new report to assist internal auditors in assessing their current level of preparedness regarding privacy and data protection issues. The first guide in a three-part series, “Privacy and Data Protection — Internal Audit’s Role in Establishing a Resilient Framework,” provides guidance on Read More
The Securities and Exchange Commission awarded a whistleblower “with compliance-related responsibilities” $450,000 for providing information that helped in a successful enforcement action. While the SEC didn’t name the whistleblower, the company involved, or provide his or her title—in keeping with its confidentiality protections—it did say in a statement that it Read More
As the global COVID-19 pandemic worsens, security firms and law enforcement, including the FBI, are warning of increasing phishing and other cybercriminal scams targeting a largely at-home workforce. Meanwhile, researchers also are finding that cyber-criminals are continuing to spoof organizations that are providing COVID-19 updates to the public. For example, Read More
