Editor's Blog
The Top Internal Audit Articles of 2024
Last year in this very same article, I wrote about what I called, "a palpable concern for the future among...
Research Digest
Report: Internal Audit Could Double Tech Spend by 2027
A new report predicts that assurance and compliance functions could double the amount they spend on new technology by 2027....
Insight 360°
What Internal Audit Needs to Know About Cloud Computing
Cloud computing, of course, is not a recent development. Organizations have been increasingly putting more and more of their sensitive...
Featured news
SEC Chair Gensler to Step Down in January
The Securities and Exchange Commission chairman, Gary Gensler, will step down from his position on January 20, 2025, the SEC announced on Thursday. The move will allow President Elect Trump to replace him at the start of his term. It had been widely expected that Trump would replace Gensler immediately.
Joseph McCafferty November 21, 2024 0
TD Bank to Pay $3B in Plea to Settle Money-Laundering Case
Canadian-based TD Bank will pay more than $3 billion in a historic settlement with U.S. authorities who said that the financial institution’s lax practices allowed significant money laundering over multiple years. The bank pleaded guilty to conspiracy to commit money laundering, the largest bank in U.S. history to do so,
Chartered IIA Releases New Internal Audit Code of Practice
The Chartered Institute of Internal Auditors has issued its long-awaited new Internal Audit Code of Practice. The new Code is designed to “equip organizations with the tools to navigate today’s increasingly complex risk environment,” the organization said in a statement. The document sets a higher standard for internal audit practices
The IIA Names Terry Grafenstine as New Chair of Its Global Board
The Institute of Internal Auditors has announced that Terry Grafenstine will serve as the new Chair of its global board of directors for the next two years. The IIA announced the news following its annual business meeting and 2024 International Conference, held in Washington, DC this week. Grafenstine has more