Much of internal audit’s calendar is filled up with a hectic audit plan that is sometimes more aspirational than realistic. It can be so tightly scheduled with assurance projects that it leaves internal auditors feeling like they have little time to think, never mind strategizing or taking on extra work. Read More
Geopolitical uncertainty risk is rising rapidly, along with digital disruption, according to the Institute of Internal Auditors’ latest Risk in Focus research. The findings, based on feedback from more than 4,000 internal audit practitioners from 131 countries, found that risk ratings related to geopolitical uncertainty and technological advancements saw the sharpest Read More
The mission of internal audit has steadily evolved into a cornerstone of modern organizational management. Since the Institute of Internal Auditors (IIA) was founded in 1938, internal audit has progressed from simple financial checks to a structured, disciplined approach that strengthens governance, risk management, and overall control systems. While their Read More
This year, the compliance landscape is shifting on multiple fronts. Seven new U.S. state-level privacy laws are taking effect, the U.S. Department of Health and Human Services is proposing major changes to HIPAA—the most significant since 2013, and the EU AI Act is introducing sweeping new governance requirements for high-risk Read More
An internal audit report can determine whether critical risks are addressed quickly or buried in a backlog of competing priorities. They shape how stakeholders perceive the internal audit function and influence the decisions and remediations that follow an audit. When internal audit reports are clear, well-structured, and actionable, they turn Read More
GUEST BLOG POST If you ask ten professionals to define internal audit, most will reach for the comfort of theory: frameworks, standards, or compliance checklists. Yet, when stripped down to its essence, internal audit is nothing more than the disciplined use of common sense to guide organizations toward better decisions. Read More
There is widespread frustration with the impact of data analytics in internal audit functions with 80 percent of chief audit executives (CAEs) wanting to see improved outcomes, according to Gartner, a business and technology insights company. Gartner conducted a survey of 107 CAEs in March 2025 revealing that using data Read More
While nearly all governance, risk, and compliance (GRC) professionals recognize the importance of organizational culture, it remains virtually unmanaged. That is according to a new report from AuditBoard, an AI-powered global platform for audit, risk, and compliance. While culture is the lens through which every risk, decision, and behavior is Read More
As governments around the world respond to growing geopolitical, social, and macroeconomic uncertainty, chief audit executives are warning that global policy changes are having a profound and negative impact on the risk landscape facing their businesses. New research from the Chartered Institute of Internal Auditors, based on a survey of Read More
In today’s increasingly data-driven business environment, internal audit teams are expected to go beyond traditional sample-based testing and embrace advanced analytics. By applying statistical tests, auditors can validate controls, detect anomalies, and provide deeper insights into organizational risk. Here are 10 statistical tests internal audit teams can incorporate into their Read More
