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.

Report: Compliance Departments Facing Belt Tightening, Smaller Staffs

Compliance leaders are facing increased pressure to make the most of existing resources due to economic challenges and increased workload and complexity, according to a new report. The study, conducted by research and consulting firm Gartner, identifies three crucial compliance function trends playing out this year: tighter budgets, changing labor Read More

Study Finds Spending on GRC Tools to Increase 50% by 2026

Legal and compliance department investment in governance, risk, and compliance tools will increase 50 percent by 2026, according to research firm Gartner. Assurance leaders are seeking out technology solutions to help them address increasing regulatory attention on executive risk oversight and monitoring. “Recent actions ranging from the U.S. Securities and Read More

Report: Risk Orientation is Critical to Chief Audit Executive Effectiveness

Chief audit executives (CAEs) have identified risk orientation, stakeholder management, and team leadership as the top three characteristics of the most effective individuals, according to a survey by Gartner. In April 2023, Gartner surveyed 114 CAEs across 180 areas to identify the most important measures of an effective CAE, and Read More

CPE Credits

IIA Changes to CPE Policies to Take Effect

Last year, the Institute for Internal Auditors announced some changes it was making to its policies covering requirements for continuing professional education (CPE) credits to maintain certain certifications, including Certified Internal Auditor (CIA) and Certification in Risk Management Assurance (CRMA). Those changes to the Annual Certification Renewal Policy will go Read More

Photo of J. Michael Peppers

Former IIA Global Chair to Serve as Representative to COSO

The Institute of Internal Auditors (IIA) announced that it has appointed former Global Board Chair J. Michael Peppers as its new representative to the Committee of Sponsoring Organizations of the Treadway Commission (COSO) Board of Directors. Peppers has over three decades of experience in the profession and currently serves as Read More

County Internal Auditor David Givans

Deschutes County’s Office of Internal Audit Receives National Award

Deschutes County’s Office of Internal Audit, located in Oregon, has received national recognition for its Management of Pandemic Case Investigation and Contact Tracing audit, which was released in 2022. The Office, led by County Internal Auditor David Givans, received the Association of Local Government Auditors (ALGA) 2022 Distinguished Knighton Award for Read More

internal audit and DEI

New Report Aims to Help Internal Audit Promote Diversity and Inclusion

The Institute of Internal Auditors and Deloitte released a new report that provides guidance on how the internal audit profession can help foster an improved culture by assessing an organization’s diversity, equity, and inclusion (DEI) practices, beginning with its own function. The report includes actionable steps the internal audit function Read More

Photo of Sally-Anne Pitt

IIA Names Aussie to Chair Global Board

The Institute of Internal Auditors, a professional organization for the internal audit profession, has named Sally-Anne Pitt as its new global board chair for 2023 and 2024. The announcement was made at the IIA’s International Conference in Amsterdam last week. Pitt, who has been managing director of internal audit advisory Read More

Internal audit paths to success

Report: Internal Audit Finds Many Paths to Success

In the 19th edition of its Internal Auditing Around the World profile series, global consulting firm Protiviti has published insights from its interviews with chief audit executives (CAEs) from some of the world’s best-known companies. Amid economic unrest, quickly evolving regulations, a fast-moving risk landscape and rising stakeholder expectations, the Read More