Category: Articles

Natuzzi store

INNOVATION STORIES
How a Luxury Furniture Manufacturer Assembled a World-Class Internal Audit Function

On By Internal Audit 360°

SPONSORED ARTICLE When Michele Variale joined the Natuzzi Group as chief internal auditor in 2017, he knew that his team had to streamline operations and sharpen its focus if it was to offer senior managers what they needed to help the high-end furniture company succeed in a rapidly changing industry Read More

chart sample

Internal Audit Coronavirus Poll

On By Joseph McCafferty

A new survey of internal audit leaders finds that they are focusing their coronavirus response on assessing the short-term impact of the pandemic (78 percent) and communicating with the board (72 percent). When asked for their initial strategic response to the COVID-19 crisis, chief audit executives and audit directors also Read More

culture of innovation

How Internal Audit Leaders Can Cultivate a Culture of Innovation

On By Joseph McCafferty

It’s time for internal auditors to think differently. That’s not a new assertion, precipitated by the challenging times the coronovirus pandemic has wrought; companies have been in period of radical change for some time, and corporate leaders, internal audit experts, indeed internal auditors themselves, have implored the profession to change Read More

New Guide Aids Internal Audit Work on Data Privacy Framework

On By IA360 Staff

The Institute of Internal Auditors has released a new report to assist internal auditors in assessing their current level of preparedness regarding privacy and data protection issues. The first guide in a three-part series, “Privacy and Data Protection — Internal Audit’s Role in Establishing a Resilient Framework,” provides guidance on Read More

SEC Whistleblower program

SEC Awards Compliance Whistleblower $450K After Company Ignored Complaint

On By Joseph McCafferty

The Securities and Exchange Commission awarded a whistleblower “with compliance-related responsibilities” $450,000 for providing information that helped in a successful enforcement action. While the SEC didn’t name the whistleblower, the company involved, or provide his or her title—in keeping with its confidentiality protections—it did say in a statement that it Read More

COVID-19 Phishing Scams Target Remote Workers

On By IA360 Staff

As the global COVID-19 pandemic worsens, security firms and law enforcement, including the FBI, are warning of increasing phishing and other cybercriminal scams targeting a largely at-home workforce. Meanwhile, researchers also are finding that cyber-criminals are continuing to spoof organizations that are providing COVID-19 updates to the public. For example, Read More

SEC to change compliance definitions for SOX 404

SEC Extends Reporting Deadlines for Public Companies

On By IA360 Staff

The Securities and Exchange Commission announced that it is extending the filing periods covered by its previously enacted conditional reporting relief for certain public company filing obligations under the federal securities laws, and that it is also extending regulatory relief previously provided to funds and investment advisers whose operations may Read More

Mind the Gap

Internal Audit Study Reveals Gaps in Risk Coverage

On By IA360 Staff

The 2020 Pulse of Internal Audit, a report released this week by the Institute of Internal Auditors reveals serious gaps in internal audit’s coverage, with audit plans deficient in key risk areas, including: Almost one-third of respondents did not include cybersecurity and   information technology in their audit plans. More Read More

Women internal auditors

More Women Hold Internal Audit Leadership Positions

On By Joseph McCafferty

According to a new internal audit survey report, the percentage of women in internal audit leadership roles increased significantly over the last three years. A study of internal auditors found that 40 percent of chief audit executive respondents identified themselves as female, up from 33 percent of chief auditors who Read More