Artificial Intelligence literacy tops the list of the 15 fastest-growing skills professionals need to stay competitive in today’s environment, according to a new LinkedIn report. Designed to meet the needs of audit professionals who are facing an evolving tech and compliance landscape with AI at the forefront, ISACA has introduced Read More
GUEST BLOG POST If you are an internal auditor, you know that time is always in short supply. Between regulatory demands, shifting risks, and the day-to-day responsibilities of maintaining independence and objectivity, finding ways to be more efficient isn’t just helpful, it is essential. At the Audit Library, we work Read More
We all experience it. We all try to avoid it. Yet, inevitably, we all still have to deal with it. The “it?” Tension and disagreement—even outright hostility—while just doing our day-to-day internal audit jobs. As much as we try our best to foster good relationships with everyone in the organization, Read More
Last August, Northern Marine Management India, a shipping company located in Powai, a suburb of Mumbai, India, discovered that it has been the victim of a bold heist. The company kept gold coins that it used to honor employees at their retirements. Depending on their years of service, retiring employees Read More
A new survey finds that internal auditors are increasingly leveraging artificial intelligence to complete audit work. The survey, conducted by global information and software company Wolters Kluwer, finds that 39 percent of internal auditors are already employing AI and a further 41 percent intend to adopt AI in the next 12 months. Read More
Continuing a long-standing tradition that started in the 1990s, the internal audit community is observing “International Internal Audit Awareness Month” this May. During the month, internal auditors around the world share examples of how the profession provides value to organizations, spotlight the profession’s commitment to good governance and risk management, Read More
The United States House Financial Services Committee approved a bill proposed by the House Republicans to cut funding from the Consumer Financial Protection Bureau and to dissolve the Public Company Accounting Oversight Board into the Securities and Exchange Commission. The legislation received some backlash from Democrats along the way however, Read More
Five years after debuting guidelines that can help organizations balance the goals of using information while protecting individual privacy, the National Institute of Standards and Technology (NIST) has drafted a new version of the NIST Privacy Framework intended to address current privacy risk management needs, maintain alignment with NIST’s recently Read More
If not for an anonymous call to Knox County’s waste, fraud, and abuse hotline, the investigation into misuse of taxpayer dollars and leased vehicles by Knox County Trustee Justin Biggs and some staffers might never have been launched. Justin Biggs and his staff were reimbursed $4,716.59 that exceeded the county Read More
External quality assessment (EQA) has evolved with the new Institute of Internal Auditors (IIA) standards, and chief audit executives must develop a strategic plan to bridge any gaps in conformance. The standards set a more stringent benchmark for audit departments undergoing an EQA. Tim Berichon explained to research and advisory Read More
