GUEST BLOG Nearly every internal auditor has a few stories to tell about audits that have gone off the rails. Most have encountered audit clients that can run the gamut from guarded, to uncooperative, to out-right hostile. Breaking through these difficult working environments and putting audit clients at ease is Read More
SPONSORED ARTICLE Insurance company Allstate may be known for its chaos-causing spokesperson, but the way the business operates is anything but mayhem. The insurer has enjoyed decades of steady growth and is considered a leader in categories across the board. Allstate’s internal audit department is no exception and has long Read More
Cyrptocurrencies, like Bitcoin and Ethereum, have their supporters and their naysayers. No matter what you think about the usefulness of these virtual currencies, however, their emergence has given rise to an underlying technology that nearly everyone agrees will be invaluable to the future of finance and accounting: Blockchain. While blockchain Read More
Olympic Medical Center’s Chief Medical Officer Scott Kennedy, MD, recognized seven internal audit team members at a recent board of commissioners meeting for their performance in conducting internal audits. Olympic Medical Center, based in Port Angeles, Washington, operates a group of more than a dozen medical facilities in the state Read More
By now, most internal audit shops have at least dipped a toe in the waters of data analytics. They are using data analysis techniques to find outliers in expense reports, to look for suppliers that have suspicious attributes or are at high risk for bribery, and for testing controls and Read More
Online small business lender OnDeck announced the appointment of Linda Tan as vice president and head of internal audit. Tan will oversee the company’s internal audit team and deliver independent, objective assurance and advisory audit services to support OnDeck’s strategies and external requirements. “We are pleased to welcome Linda and Read More
It’s February and the holidays are behind us, winter is in full swing, and many of our New Year’s resolutions to get to the gym more often or do a better job saving money have fallen by the wayside. It’s not too late, however, to set some goals for internal Read More
Aircraft company Airbus has agreed to pay combined penalties of more than $3.9 billion to resolve foreign bribery charges with authorities in the United States, France, and the United Kingdom. It is the largest settlement arising from bribery charges ever. The Department of Justice said in a statement that the Read More
Are you an audit leader looking to take your internal audit team to the next level in 2020? Get started with the definitive guide to audit management, which contains best practices, resources, and tools for each stage of the audit lifecycle. Download the free guide below! Whether you manage an Read More
The Securities and Exchange Commission has proposed amendments to securities regulations that, if passed, would change the requirements for disclosing financial information. It says the changes would modernize, simplify, and enhance some financial disclosure requirements in Regulation S-K. The proposed changes would also require some new disclosures. In a statement, Read More
