Geopolitical uncertainty risk is rising rapidly, along with digital disruption, according to the Institute of Internal Auditors’ latest Risk in Focus research. The findings, based on feedback from more than 4,000 internal audit practitioners from 131 countries, found that risk ratings related to geopolitical uncertainty and technological advancements saw the sharpest Read More
There is widespread frustration with the impact of data analytics in internal audit functions with 80 percent of chief audit executives (CAEs) wanting to see improved outcomes, according to Gartner, a business and technology insights company. Gartner conducted a survey of 107 CAEs in March 2025 revealing that using data Read More
While nearly all governance, risk, and compliance (GRC) professionals recognize the importance of organizational culture, it remains virtually unmanaged. That is according to a new report from AuditBoard, an AI-powered global platform for audit, risk, and compliance. While culture is the lens through which every risk, decision, and behavior is Read More
As governments around the world respond to growing geopolitical, social, and macroeconomic uncertainty, chief audit executives are warning that global policy changes are having a profound and negative impact on the risk landscape facing their businesses. New research from the Chartered Institute of Internal Auditors, based on a survey of Read More
The Financial Accounting Standards Board (FASB) has issued an Accounting Standards Update (ASU) that improves guidance on the measurement of credit losses for accounts receivable and contract assets. The new guidance, which is optional, addresses challenges faced by stakeholders when applying Topic 326, Financial Instruments—Credit Losses, to current accounts receivable Read More
The Institute of Internal Auditors has announced that Stefano Comotti will serve as Chair of the Global Board for 2025 t0 2026. The announcement was made during the IIA’s 2025 International Conference in Toronto. Comotti, who currently works for a listed group in the luxury goods industry, “joins a distinguished rank Read More
Erica Y. Williams has announced her plans to step down as chair of the Public Company Accounting Oversight Board. She will resign her post next week after revealing that she had been asked to resign by Securities and Exchange Commission head, Paul Atkins. The audit firm watchdog has been a Read More
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
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
