Author: Norman Marks

Are internal auditors missing the boat?

Are Internal Auditors Missing the Boat on What’s Most Important?

GUEST BLOG POST As internal auditors, we provide assurance, advice, and insight on the system of internal controls over the more significant risks to enterprise objectives. Internal controls provide the basis, the foundation, on which management and the board rely as they manage and direct the organization to success. The Read More

Internal audit focus areas for 2020

New Report Considers the Future of Internal Audit

A new study finds that internal audit teams may be dedicating too few resources to some of the top risks that organizations face and that the misalignment is likely to continue into the future. The report, 2024 Focus on the Future, conducted by AuditBoard, a provider of cloud-based platforms for Read More

U.K. Backs Away from Efforts to Reform Audit and Corp. Governance

The U.K. government has retreated from planned efforts to overhaul public audit rules that were promised to help prevent corporate scandals such as those at Carillion, BHS, and Patisserie Valerie from repeating. Last week in a speech to open Parliament, King Charles omitted mention of an audit reform bill from Read More

Internal audit leader of the future

Seven Characteristics of Internal Audit Leaders of the Future

Internal audit has certainly been through a tumultuous few years. At the beginning of 2020, we were barely talking about artificial intelligence and inflation. A global pandemic that would paralyze much of the corporate world for years was unthinkable. And new wars in Europe and the Middle East would have Read More

Active listening is an important internal audit skill

The Art of Active Listening: Becoming a Better Internal Audit Listener

You will likely find the characteristic of being a good communicator, including the ability to listen well, on just about any list of the top traits of great internal auditors. Internal auditors are always conducting interviews and asking questions, but the real skill happens after a good question is asked—the Read More

Audit Recommendations that Get Results

IIA Publication Names 2023 ‘Emerging Leaders’ List

The Institute of Internal Auditors’ Internal Auditor magazine has announced its “2023 Emerging Leaders” list — featuring an eclectic group of 15 individuals in the internal audit space that it says are, “poised to redefine the future of internal auditing during a period of unprecedented change.” “This year’s Emerging Leaders Read More

When risk-based audit planning is not enough

When Enterprise Risk-Based Audit Plans Are Not Enough

GUEST BLOG POST: I am a huge believer, as are most leading internal audit practitioners, in enterprise risk-based auditing. That means that the audit plan is designed to provide assurance, advice, and insight on the more significant sources of risk to the organization and the achievement of its objectives. It Read More

Survey: Internal Auditors Still More Concerned with Cybersecurity than AI

As the scale of emerging technology risks facing companies continue to multiply, IT auditors play a key role in identifying these threats and helping their organizations to navigate them. A new survey conducted by Protiviti and The Institute of Internal Auditors (IIA) reveals which risks are keeping IT auditors up Read More

Reinforcing a Speak-Up Culture in Uncertain Times, Brick by Brick

Finding ways for employees to feel comfortable speaking up when something isn’t right is challenging in the best of times. But with the backdrop of uncertainty from a bumpy economy and pending merger, the Activision Blizzard Ethics and Compliance team faces unprecedented headwinds. We’ll walk you through a few key Read More