In a consent order signed with eight states, credit reporting agency Equifax agreed to adopt several measures to shore up weaknesses across a wide spectrum of its IT and data security operations. The order includes a provision to beef up its internal audit program. It requires better assessments of internal Read More
Editor’s Note: This is part two of a six-part series on the Internal Audit Value Chain, which can act as a blue print for building a successful internal audit function. Click here for the other articles in the series. Whenever it comes to talking about internal audit’s role in risk Read More
A new study from Deloitte indicates that it might be time to audit the crisis management plan. The study based on responses of 523 senior executives involved in risk, crisis management, and business continuity finds just 17 percent say their organizations have tested their crisis response plans. That’s way to Read More
A definitive guide to producing, using, and improving a risk heat map at your organization. A good risk assessment is an important part of the process of putting together a solid internal audit plan. But gathering risk information from throughout the company and organizing it into manageable and actionable material Read More
The global internal audit services market was valued at $33.6 billion in 2017. North America was the largest geographic region accounting for $12.3 billion or 36.7 percent of the global market. Of that, the United States was the largest country accounting for $9.9 billion or 29.4 percent of the global Read More
Yulia Gurman, director of internal audit and corporate security at Packaging Corporation of America, has spent more than 15 years honing her craft as an internal auditor, including stints at such companies as OfficeMax and Retail Properties of America. At PCA she is working to improve the use of advanced Read More
It didn’t take long for the lawsuits to start flying over allegations of non-compliance with the European Union’s new set of data governance rules. Austrian data privacy advocacy group None of Your Business (NOYB) filed suits against Facebook, Google, and Facebook subsidiaries WhatsApp and Instagram alleging that the tech firms Read More
A new report from consulting firm Protiviti takes a close look at several companies’ audit departments as they attempt to adopt new technologies or help the business through digital transformation. The publication highlights the achievements of such companies as Accenture, Conservas La Costeña, Heineken, JP Morgan Chase, Juniper Network, Panera Read More
The tops risks that chief audit executives face, as identified by a new report, are likely to be familiar foes for most internal audit leaders. Chief audit executives (CAEs) are unlikely to be alarmed by a new report listing the top five risks confronting internal audit; they’ve been battling them Read More
Elizabeth Johnstone, the chairman of the ASX Corporate Governance Council in Australia, has a frank message for internal auditors: stop being intimidated by company executives and board members. While Johnstone was addressing risk and governance failures in Australia, including multiple scandals at the Commonwealth Bank of Australia, her words serve Read More
