In the post-Basel III environment, interest rate risk in the banking book (IRRBB) has emerged as one of the most significant sources of financial and capital volatility for banks. Under the Basel Framework, interest rate risk in the banking book (IRRBB) refers to the current or prospective risk to a Read More
Chief audit executives face growing expectations from boards and senior leaders to deliver not only assurance, but also clarity and strategic value. Therefore, quality management in internal audit is now more than a compliance exercise – it is a strategic lever on maintaining the relevance and influence of the audit Read More
Internal audit functions across North America are entering 2026 under mounting strain, as shrinking budgets and staffing constraints collide with expanding responsibilities and an increasingly complex risk environment. That is the central findings from the latest North American Pulse of Internal Audit Survey, released by The Internal Audit Foundation at Read More
A polished balance sheet and a flawless compliance checklist can hide evidence of a rotting corporate core. While traditional auditing excels at spotting misallocated funds and missing approval signoffs, it is often blind to the “soft side” of corporate culture—those unwritten rules, silent anxieties, and behavioral shortcuts that raise ethical Read More
GUEST BLOG POST As the author of five New York Times bestsellers, Malcolm Gladwell’s work sits firmly on bookshelves of executives and those of all walks of life. Yet his influence extends beyond popularity alone. Gladwell has built a career translating complex research, behavioral insights, and systemic issues into stories Read More
Internal audit is a key part of organizational transformation projects. It has changed from a traditional inspector of compliance to a strategic partner that protects value creation and drives long-lasting change. With this new job, auditors can plan for disruptions, build resilience, and make sure that changes are in line Read More
For many organizations, the move to a modern data architecture brings with it a host of appealing possibilities. It promises centralized data, broken down silos, advanced analytics, power dashboards, forecasting models, and, of course, everyone’s favorite topic: artificial intelligence. The data warehouse or data lake—often cloud-based, scalable, and fast—becomes the Read More
