It’s been more than a year since generative artificial intelligence (GenAI) burst onto the scene with mainstream appeal. These new tools have been presented by some as an unstoppable force, upending industries and changing the way people work. Generative AI can have an immense upside for organizations across many corporate Read More
A new survey is taking a look into the future to consider what the top risks may look like in 2034. The survey, conducted by Protiviti, finds that cybersecurity and risks from emerging technology are likely to still be at the center of risk management efforts in the next decade. Read More
The Institute of Internal Auditors has released a collection of tools and resources to help internal auditors incorporate the new Global Internal Audit Standards into their practice. The new Standards, which were released in early January, will become effective in January of 2025. According to the IIA, “the new Standards Read More
The Public Company Accounting Oversight Board (PCAOB) has imposed fines and penalties on top 100 audit firm Haynie & Co. and several of its partners of more than $590,000 for audit failures and violations of PCAOB’s rules and standards. The PCAOB found that the individual audit partners involved each violated Read More
GUEST BLOG POST At well-governed public companies, the decision to remove a chief audit executive (CAE) is ideally made by the audit committee of the board of directors, especially if the removal is “for cause” or performance. In the real world, though, that’s rarely the case. In practice, CAEs are Read More
In my role as an internal auditor, navigating the intricacies of risk assessment and control testing sometimes leaves me uncertain about whether I’ve identified a noteworthy observation, encountered an actual problem, or if there’s room for refining our processes. Recently, I discovered a method that has proven invaluable in such Read More
The Institute of Internal Auditors announced this week that it is awarding more than $100,000 in individual and university grants, and relaunching its Sawyer Scholarship. “The growth and advancement of the internal audit profession relies on innovative research and a strong pipeline of talent entering the profession,” said Warren Stippich, Read More
The Institute of Internal Auditors has released a long-awaited update to its Global Internal Audit Standards, which provide a set of principles to guide internal auditors in the course of their work. The new standards impact businesses of all sizes, industries, and geographic regions. The IIA says they were designed Read More
Imagine being the CEO of arguably the most successful artificial intelligence company in the world. You’ve created an app that accumulated 100 million active monthly users in just five days. Next, you brokered funding to the tune of more than $10 billion from one of the world’s biggest tech giants, Read More
For the modern IT auditor, the digital landscape is a battleground. The enemy is a battalion of ever-evolving threats, and our weapons are layered defenses built on meticulous analysis and proactive vigilance. This constant state of war demands laser focus on the areas where our defenses are most likely to Read More
