GUEST BLOG POST Assessing the level of any business risk is not nearly as simple as most appear to make it. Just look at any risk register or heat map (or “risk profile” in COSO language, which is the same thing) and you will see a single point for each Read More
In a “special issue” of its Global Perspectives and Insights newsletter the Institute of Internal Auditors provided an early view of the changes it is considering to its professional practice standards, which govern how it expects its members to act as they conduct their work as internal auditors. In 2020, Read More
In many ways, 2022 was a year of instability. Many individuals and organizations spent the year trying to put the pandemic, which had dominated every aspect of life in 2020 and 2021, behind them, even while still dealing with its lasting effects. Yet, the dark days that COVID-19 brought failed Read More
It is November 2022. You have just been appointed as the new Chief Audit Executive at Twitter. It is your first week at the social media heavyweight. You are walking through the company’s San Francisco headquarters on your way to an orientation group for new hires that you are supposed Read More
GUEST BLOG Editor’s Note: The views expressed by the author do not necessarily reflect the views of Internal Audit 360°, as we seek to bring varied and provocative ideas to our readers. The idea that audit plans should be risk based is so old and widely accepted that we rarely Read More
GUEST BLOG POST All human beings are creatures who change with their environment and circumstances, who hopefully grow and develop with experience, particularly their work experience. But all processionals have to start somewhere. We can probably all remember the early days of our careers as we fumbled and bumbled our Read More
GUEST BLOG Over my long career, I have often heard, in one form or another, the phrase: “You just can’t audit that!” The first time I heard it came when I was an internal audit manager for a financial institution. The senior vice president for human resources said she was Read More
Consumer and investor awareness about sustainability is higher than ever, but misleading claims by enterprises to address this can damage an organization’s reputation. We recently sat down with Ian Beale, VP, Advisory at Gartner, to discuss greenwashing: where organizations intentionally, or not, mislead investors, regulators, and the public about the Read More
It’s easy for internal audit to get stuck in a rut. We approach the year with plans to revise last year’s internal audit plan, but in the end, we don’t change that much. We move to the comfort zone and put the audits we know how to do and the Read More
GUEST BLOG: One of the challenges when it comes to so-called “cybersecurity risk” is in accepting and then applying the idea that cyber is not an “IT risk.” No. It’s a business risk. That is easy to say, and it makes all the sense in the world. However, people tend Read More
