A new study examines the biggest challenges impacting IT audit professionals as they navigate an evolving risk landscape in an era of digital transformation. The 2019 Global IT Audit Benchmarking Study is the eighth annual audit research project conducted by consulting firm Protiviti and ISACA, a professional association for IT Read More
A new study finds that companies are increasingly putting internal audit in charge of Sarbanes-Oxley Act (SOX) internal controls compliance, rather than departments such as financial reporting or legal. The survey, conducted by the SOX & Internal Controls Professionals Group, finds that 46 percent of respondents report that internal audit Read More
A new survey of top business risks, as identified by chief internal auditors in Europe, has found that companies there are most concerned about cybersecurity and data security, increased regulation, and disruptive technology. The survey of 528 chief internal auditors conducted by a group of eight internal audit professional associations Read More
Ever since the Sarbanes-Oxley Act passed in 2002, compliance with the law, known as “SOX,” has been a bit of a thorn in the side of many companies. In earlier years, companies spent millions of dollars and hundreds of employee-hours each to ensure the sophisticated controls over financial reporting that Read More
Despite the constant drumbeat on the need for companies to improve and formalize risk management systems, most are still way behind, a new report finds. A study released this week by the American Institute of CPAs (AICPA) and North Carolina State University’s Enterprise Risk Management Initiative finds that while companies Read More
It’s good to be an audit manager in Britain these days…very good! In fact, it’s so good that online jobs and recruiting site, Glassdoor, has named audit manager the best job in the United Kingdom in its annual 25 Best Jobs in the U.K. for 2019 survey. The title finished Read More
As internal audit teams work on their audit plan for 2019, a new report sheds light on where some of the trouble spots are likely to occur for companies, and where internal audit may want to consider focusing its scrutiny and assurance efforts. Last week, technology research firm Gartner issued Read More
Two new separate analyses by research firm Audit Analytics, finds that even as the use of non-GAAP metrics is growing, the topic has dominated SEC enforcement efforts with a high percentage of SEC comment letters referring to potential misuse of non-GAAP metrics.
Despite record spending on cybersecurity, a new study finds that IT security breaches remain at epidemic levels. According to a new report conducted by Osterman Research, a whopping 70 percent of the more than 200 medium and large organizations surveyed reported being the victim of at least one successful cyber-attack Read More
A new survey of the top risks that most concern chief internal auditors finds that cybersecurity and data privacy are among the issues that still cause the most headaches for company officials. The research, conducted by the Chartered Institute of Internal Auditors and based on responses from more than 300 Read More
