A new study finds that internal audit teams may be dedicating too few resources to some of the top risks that organizations face and that the misalignment is likely to continue into the future. The report, 2024 Focus on the Future, conducted by AuditBoard, a provider of cloud-based platforms for Read More
The U.K. government has retreated from planned efforts to overhaul public audit rules that were promised to help prevent corporate scandals such as those at Carillion, BHS, and Patisserie Valerie from repeating. Last week in a speech to open Parliament, King Charles omitted mention of an audit reform bill from Read More
Internal audit has certainly been through a tumultuous few years. At the beginning of 2020, we were barely talking about artificial intelligence and inflation. A global pandemic that would paralyze much of the corporate world for years was unthinkable. And new wars in Europe and the Middle East would have Read More
You will likely find the characteristic of being a good communicator, including the ability to listen well, on just about any list of the top traits of great internal auditors. Internal auditors are always conducting interviews and asking questions, but the real skill happens after a good question is asked—the Read More
GUEST BLOG POST When I was working at a Big 4 audit firm, we always used to have a clause on our reports that went something like this: “The engagement does not uncover all risks that relate from collusion between employees or with third-parties, that a more extensive review would Read More
The Institute of Internal Auditors’ Internal Auditor magazine has announced its “2023 Emerging Leaders” list — featuring an eclectic group of 15 individuals in the internal audit space that it says are, “poised to redefine the future of internal auditing during a period of unprecedented change.” “This year’s Emerging Leaders Read More
GUEST BLOG POST: I am a huge believer, as are most leading internal audit practitioners, in enterprise risk-based auditing. That means that the audit plan is designed to provide assurance, advice, and insight on the more significant sources of risk to the organization and the achievement of its objectives. It Read More
As the scale of emerging technology risks facing companies continue to multiply, IT auditors play a key role in identifying these threats and helping their organizations to navigate them. A new survey conducted by Protiviti and The Institute of Internal Auditors (IIA) reveals which risks are keeping IT auditors up Read More
Finding ways for employees to feel comfortable speaking up when something isn’t right is challenging in the best of times. But with the backdrop of uncertainty from a bumpy economy and pending merger, the Activision Blizzard Ethics and Compliance team faces unprecedented headwinds. We’ll walk you through a few key Read More
A new survey of internal audit leaders on global risks finds that Cybersecurity (73 percent), human capital issues (51 percent), and business continuity (47 percent) are the most prevalent risks across the globe. The study, conducted by the Internal Audit Foundation, part of The Institute of Internal Auditors (IIA), surveyed Read More
