Furloughs and redeployments during the COVID-19 pandemic and resulting lockdowns are wreaking havoc on the work of internal auditors in the United Kingdom and Ireland, a new survey conducted by the Chartered Institute of Internal Auditors finds. Chartered IIA surveyed more than 225 chief audit executives to assess the impact Read More
Internal audit leaders need to look to the future and improve adopting next-generation auditing techniques, a new Protiviti survey found. Protiviti’s 2020 internal audit capabilities and needs survey “Exploring the Next Generation of Internal Auditing,” examines the competencies of nearly 780 chief audit executives and internal audit leaders in the Read More
With technology on the rise, blockchain has become an area of interest for companies looking to use the technology to bolster their own internal control systems. The Commission of Sponsoring Organizations of the Treadway Commission (COSO), a joint-association of which the Institute of Internal Auditors is a member, has released Read More
As the coronavirus pandemic continues to ravage the economy, companies have had to pivot their strategies and adapt to the challenges that the virus has surfaced. To assess how organizations are handling this crisis from an audit perspective, the Institute of Internal Auditors conducted a survey of the responses by Read More
The first audits completed under the landmark new lease accounting standard are in, and companies say they were challenging. According to a new survey, half of the public companies that have completed their first post-transition audit under the new lease accounting rules report additional effort was needed for the process. Read More
As high-profile fraud cases continue to make headlines and the Coronavirus Crisis heightens concerns about fraud, a new survey could help internal auditors understand fraud risk management at their organizations. The report, “Fraud Risk Management in Internal Audit,” takes a deep look at internal audit’s role in identifying and mitigating Read More
The coronavirus crisis has upended all areas of corporate America and its effects are likely to linger long after the pandemic has passed. A new study indicates that the internal audit profession is no exception and is undergoing some vast changes, due to the current crisis. According to a survey Read More
A new survey finds that while internal audit leaders have been involved in the planning for reopening their workplaces, as the threat from COVID-19 appears to lessen across the nation, many say their companies are behind on addressing several safety measures important to reopening their doors. The poll of 371 Read More
A new survey finds that companies aren’t moving to advanced technologies in big numbers to address the difficult work of complying with the Sarbanes-Oxley Act (SOX). The survey also finds that nearly 20 years after SOX took effect, companies are spending more time and money to comply with the regulations. Read More
One of the big concerns about the rapidly deteriorating economy as a result of the Coronavirus Crisis is the potential for fraud and abuse to rear its ugly head. Major downturns often bring to light frauds that either have been ongoing and are now exposed, or it prompts new frauds Read More
