Category: Featured News

These are brief news articles written by Internal Audit 360 editors. They may contain links to source material, but they are self contained and do not link to a longer version of the news item.

Three lines of defense update

New Report Finds CCO Compensation on the Rise

BarkerGilmore, a Chief Compliance Officer executive search firm specializing in compliance leadership, has released its 2026 Chief Compliance Officer Compensation Report, providing an in-depth analysis of Chief Compliance Officer compensation, executive mobility, and leadership trends across today’s compliance market. The report examines Chief Compliance Officer compensation data across public, private, Read More

Institute of Internal Auditors

The Institute of Internal Auditors Names New Global Board Chair for 2026-2027

The Institute of Internal Auditors has named Stacey Schabel, CIA, CPA, as Chair of the Global Board for the 2026-2027 term. The announcement was made during The IIA’s 2026 International Conference in Singapore. Schabel joins the ranks of volunteer leaders who have helped shape the profession and guide the IIA’s Read More

Auditing Risk Management

New Global Risk Landscape Report Finds Risk Are Accelerating

Each year, BDO surveys more than 500 C-suite leaders across Europe, the Middle East, Africa, Asia-Pacific and the Americas who offer their insight and opinions on risk. The resulting annual 2026 Global Risk Landscape Report has become an important source of information on how business leaders and senior risk specialists Read More

Legal Department Tech Budgets Expected to Double by 2028

Technology budgets at legal departments are predicted to double in the next two years, according to research and analysis by Gartner Inc. According to the business and technology insights company, specialized legal AI platforms, such as Harvey, Legora, GC AI, and Thomson Reuters CoCounsel, are delivering significant productivity and efficiency Read More

SEC moves to repeal climate change rules

SEC Moves to Repeal Climate Change Disclosure Rules

The U.S. Securities and Exchange Commission is no longer just stepping back from enforcement of its controversial climate disclosure rules — it is now actively moving to erase them. The clearest sign came this month, when the SEC formally submitted a proposal to rescind the rules to the White House Read More

Institute of Internal Auditors

The IIA Announces Changes to its CIA Challenge Exam Program

The Institute of Internal Auditors has announced a series of changes to its Certified Internal Auditor (CIA) Challenge Exam program. The CIA Challenge Exam Program is a fast-track pathway that lets experienced, already-credentialed professionals earn the CIA designation by taking one comprehensive exam instead of the standard three-part CIA exam. Read More

FRC launches new supervisory model

U.K. Audit Regulator Launches New Supervisory Model

The U.K Financial Reporting Council, the United Kingdom’s main regulator for accounting, auditing, and corporate governance, is introducing a major overhaul of its audit supervisory model, introducing what it calls a more proportionate, effective and integrated framework designed to enhance audit quality and reinforce resilience across the U.K. audit market. Read More

AuditBoard Unveils New Identy, ‘Optro,’ as AI Transforms GRC

AuditBoard, a provider of an AI-powered GRC platform enabling enterprises to transform risk into opportunity, announced it has rebranded as Optro. In a statement the company said this new identity “reflects the value Optro provides to teams: a single, coherent view across audit, risk, infosec, and compliance, while staying true Read More

Compliance

IIA Calls on Congress to Modernize SOX Act

The Institute of Internal Auditors has released a public policy position paper outlining recommendations to modernize the Sarbanes-Oxley Act (SOX). As Congress considers evaluating the effectiveness and cost of SOX compliance, the paper offers practical recommendations to help regulators strengthen investor protections while improving operational efficiency. “Since its enactment more Read More

COSO Releases New Guidance on Internal Controls for Generative AI

The Committee of Sponsoring Organizations of the Treadway Commission (COSO), today released a new publication, Achieving Effective Internal Control Over Generative AI (GenAI), offering organizations a practical, COSO‑aligned approach to managing the risks and opportunities introduced by rapidly advancing generative AI technologies. Generative AI is moving into boardrooms and day‑to‑day Read More