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
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
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
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
The Federal Trade Commission has filed a complaint against Amazon.com after the e-commerce company allegedly enrolled consumers into its Amazon Prime program for years without their consent “while knowingly making it difficult for consumers to cancel their subscriptions,” the FTC said. According to the FTC’s complaint, filed June 21 in Read More
Republican Gov. Kim Reynolds signed a bill into law that restricts the Iowa state auditors’ access to certain types of information. Critics of the law say it will hinder the ability of state auditors to investigate wrongdoing and fraud at state agencies. The law prohibits the state auditor from taking Read More
Audit firm watchdog, the Public Company Accounting Oversight Board (PCAOB), is seeking public comment on a proposal aimed at increasing auditor vigilance against fraud and other forms of noncompliance with laws and regulations. If adopted, the proposal would strengthen auditor requirements to identify, evaluate, and communicate possible or actual wrongdoing and Read More
The Institute of Internal Auditors (IIA) has shared a legislative proposal with Congress designed to promote stronger corporate governance, greater transparency and accountability, and enhanced investor protections at cryptocurrency exchanges operating in the United States. The legislation was shared alongside a letter from Anthony Pugliese, President and CEO of The Read More
The United Kingdom’s Financial Reporting Council (FRC) has unveiled plans to revise its Corporate Governance Code for the first time in five years, aiming to increase accountability among U.K. boards and management teams. The regulator’s proposals comes on the heels of Britain’s long-awaited response to a suggested shake-up of the Read More
Office workers are using ChatGPT, or similar conversational AI models, for various tasks and purposes. Some of these uses can create risks of which compliance officers should be aware. Here are a few examples: 1) Virtual Assistants: ChatGPT can act as a virtual assistant, helping office workers manage their schedules, Read More
