The Institute of Internal Auditors (IIA) has expressed serious concerns regarding an internal auditor provision in the Public Company Accounting Oversight Board’s (PCAOB) recently published proposed standard, entitled: “The Auditor’s Use of Confirmation, and Other Proposed Amendments to PCAOB Standards.” The PCAOB’s proposed standard “unfairly and inaccurately places internal auditors Read More
In many ways, 2022 was a year of instability. Many individuals and organizations spent the year trying to put the pandemic, which had dominated every aspect of life in 2020 and 2021, behind them, even while still dealing with its lasting effects. Yet, the dark days that COVID-19 brought failed Read More
It is November 2022. You have just been appointed as the new Chief Audit Executive at Twitter. It is your first week at the social media heavyweight. You are walking through the company’s San Francisco headquarters on your way to an orientation group for new hires that you are supposed Read More
With businesses facing the strongest economic headwinds in years, the Chartered Institute of Internal Auditors is urging internal auditors to embrace data analytics to navigate more risky, uncertain, and volatile times ahead. To support their call to action the Chartered IIA, a professional organization for internal auditors in the U.K. Read More
GUEST BLOG Editor’s Note: The views expressed by the author do not necessarily reflect the views of Internal Audit 360°, as we seek to bring varied and provocative ideas to our readers. The idea that audit plans should be risk based is so old and widely accepted that we rarely Read More
A recent internal audit of the Boulder Police Department has resulted in a determination of officer misconduct in the force’s investigations unit. As part of her ongoing reform efforts since she was hired, Police Chief Maris Herold requested the department review its case management system. While upgrading data and transitioning Read More
There is a common joke among physicists that fusion energy is 30 years away … and always will be. You could say something similar about artificial intelligence (AI) and robots taking all our jobs. The risks of AI and robotics have been expressed vividly in science fiction by the likes Read More
The D.C. Housing Authority illegally contracted with a Virginia-based software company, spending about $1 million without competitive bidding and splitting the amount into smaller purchases to escape scrutiny from the agency’s board, according to a report by the Housing Authority’s internal auditor. The review alleges that DCHA under its previous Read More
SPONSORED ARTICLE Accountability is vital in effective city-building—and this is where internal auditors come into play. In the City of Vaughan, in Ontario, Canada, the Internal Audit department maintains and operates a workplace environment where open and honest communications are the expectation, not the exception. This is also the crux Read More
The Institute of Internal Auditors (IIA) a professional association for internal auditors, has announced upcoming changes to its continuing professional education (CPE) reporting policy. In a statement, the IIA says the changes, which were approved by the IIA’s Professional Certification’s Board (PCB), were made to “ensure internal auditors are regularly Read More
