Category: Articles

Internal Audit must develop sales skils

The Secret Weapon of Great Internal Auditors: Sales Skills

Let’s be honest, sales and marketing skills may not always come naturally to members of the internal audit community. We often view ourselves as thorough, persistent, independent, brave—I could go on and on—but not sellers. Why is that? Why don’t internal audit leaders devote more time to developing sales and 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

Biggest Banking fraud penalties

The Most Expensive Financial Compliance Failures of the Last Decade

Just as in any other industry, the financial industry has its fair share of questionable behavior, and then some. For this reason, an alphabet soup of regulatory oversight — and accompanying fines for non-compliance, violations, and even fraud — exist to keep financial institutions in line. Regulatory bodies like the Read More

Auditing organizational culture

Four-Fifths of Companies Neglect to Audit Corporate Culture

According to a new report, internal audit leaders say that organizational culture is among the biggest contributors to wrongdoing at their entities, as well as the biggest defense to keeping it from happening. It also finds, however, that companies are still not making it a priority to assess the organizational Read More

Did Amazon Enroll Consumers in Prime Without Consent?

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