Category: Featured

A selection of the feature articles on the home page of www.internalaudit360.com. These are the top articles we are currently featuring on the site.

Tim Berichon

A Q&A with Tim Berichon
CAEs Should Follow a Three-Step Process to Achieve EQA Conformance

On By Gartner

External quality assessment (EQA) has evolved with the new Institute of Internal Auditors (IIA) standards, and chief audit executives must develop a strategic plan to bridge any gaps in conformance. The standards set a more stringent benchmark for audit departments undergoing an EQA. Tim Berichon explained to research and advisory Read More

Internal audit action item follow-up

Some Common Sense on Following Up on Internal Audit Action Items

On By Norman Marks

GUEST BLOG POST There are conflicting views on whether internal audit should follow up on every action item from previous audits. Let me see if I can inject some common sense into the debate. Imagine this is the situation: A year ago, management agreed to a recommendation by internal audit Read More

Internal Audit Ethics

Ten Ways to Enhance Ethical Leadership in Internal Audit Departments

On By Jasdeep Gill

Ethics are a crucial component of every organization and are broadly defined as the values and principles that govern and shape behaviours and leadership. According to a recent study by Gallup, only 20 percent of employees surveyed strongly agreed that they trusted the leadership of their organization. Forbes estimates that Read More

IIA Releases Draft of Its Third-Party ‘Topical Requirement’

On By IA360 Staff

The Institute of Internal Auditors released a draft of its Third-Party “Topical Requirement.” The document provides a consistent and comprehensive approach to assessing the design and implementation of third-party governance, risk management, and control processes. It was developed with input from internal audit practitioners and stakeholders globally, says the IIA. Read More

Internal audit leaders say they are underfunded

Report: Nearly Half of All Internal Audit Functions Are Underfunded

On By Joseph McCafferty

A new report finds that many internal audit leaders say they don’t have the funds to sufficiently run their departments, even as many reported increases in funding. According to the 2025 North American Pulse of Internal Audit Survey, nearly half of respondents said their internal audit departments were either insufficiently Read More

PwC Logo

PwC Unit Penalized for Manipulating Compliance Reporting

On By IA360 Staff

The Public Company Accounting Oversight Board announced that PricewaterhouseCoopers Singapore agreed to pay $1.5 million for violations of PCAOB rules and quality control standards. The violations arose from the Firm’s failure to have appropriate policies and procedures over its Personal Independence Compliance Testing (PICT) process and to foster an appropriate ethical Read More

Some Radical Advice for Writing Better Internal Audit Reports

On By Sara I. James

GUEST BLOG POST: Having read more than 4,000 internal audit reports over the years, I can honestly say I’ve never read a single one I’d wished was longer. Most of the time, I’m wishing it were over halfway through the so-called “executive summary.” Most internal auditors—and others—drafting audit reports completely Read More

Implementing AI in internal audit

CAE Responsibilities in Implementing Artificial Intelligence in Internal Audit

On By Kieran Essex

Every news feed, newspaper, magazine, and even social media feed is inundated with the latest trends purporting to simply demonstrate the ways in which businesses should implement artificial intelligence. There is a wealth of insights within these articles. There is also, however, a failure to grasp that one of the Read More

Using AI in AML programs

Four Strategic Ways AI Can Strengthen Your AML Program

On By David Caruso

Money laundering facilitates crime, threatens our national security, distorts markets, and has a devastating economic and social impact on citizens, according to the U.S. Department of the Treasury. Financial institutions are required to do their part to combat these threats. The Financial Crimes Enforcement Network (FinCEN), a bureau of the Read More

Using SPIKES in internal audit communication

Diagnosing Internal Audit Challenges: A Prescription for Tough Conversations

On By Justin Silberlust

GUEST BLOG POST When I was recently describing my work as an internal auditor to my older brother, a medical doctor, we stumbled upon a striking similarity: both our professions benefit significantly when focusing on Emotional Quotient (EQ) the ability to navigate emotions intelligently—over Intelligence Quotient (IQ), which focuses on Read More