The Institute of Internal Auditors has announced that Stefano Comotti will serve as Chair of the Global Board for 2025 t0 2026. The announcement was made during the IIA’s 2025 International Conference in Toronto. Comotti, who currently works for a listed group in the luxury goods industry, “joins a distinguished rank Read More
Erica Y. Williams has announced her plans to step down as chair of the Public Company Accounting Oversight Board. She will resign her post next week after revealing that she had been asked to resign by Securities and Exchange Commission head, Paul Atkins. The audit firm watchdog has been a Read More
As we know, internal audit teams can sometimes overlook company culture when identifying areas of risk and concern. A 2023 AuditBoard report, for example, found that 80 percent of the organizations it surveyed do not actively conduct audits or assessments of their culture. This gap may also point to a Read More
The Institute of Internal Auditors has released a draft version of its Organizational Behavior Topical Requirement, now open for public comment through August 22. Insights gathered will help shape the final document and establish a clear baseline and relevant criteria for providing assurance services related to organizational behavior risks. Developed Read More
GUEST BLOG POST Artificial Intelligence is no longer a futuristic concept. It’s here, embedded in everything from recruitment software and customer service chatbots to financial forecasting tools and fraud detection systems. But with this unprecedented power comes unprecedented risk. From biased decision-making to data-privacy violations, AI systems are capable of Read More
The Sarbanes-Oxley Act of 2002 (SOX) redefined corporate accountability by mandating transparency and oversight in financial reporting. Evaluating internal controls over financial reporting (ICFR) is at the core of SOX compliance, particularly Section 404. Entity-level controls (ELCs) are core to this: enterprise-wide mechanisms that influence governance, risk management, ethics, and Read More
Imagine driving on a constantly changing highway: the speed limits and lane directions are shifting and updating, the exit ramps and destinations rerouting, all while you are mid-journey. How do you, the driver, stay on course? You rely on an up-to-the-minute navigation system. You watch for new road signs. And Read More
In baseball, a utility player is one of the team’s most valuable assets—an individual who can step into one of several fielding positions during a game to help secure a win. Utility players are valued not only for their varied skills but for their adaptability, resilience, and broad game knowledge, Read More
A new research study finds that nearly half of all artificial intelligence projects fail, underperform, or are delayed, despite major investments in AI. The survey indicates that poor data readiness is the leading roadblock to AI execution, driving increased costs, stalled innovation, and lost revenue. The study was released by Read More
The first months of 2025 have yielded far-reaching geopolitical and macroeconomic upheaval and uncertainty. The only thing that’s clear is that nothing is clear. Organizations, investors, governments, regulators, and consumers worldwide are struggling to navigate a fast-escalating global trade war, constant market variability, ongoing conflicts in Europe and the Middle Read More
