A new report finds that companies still haven’t completely mastered SOX compliance. It finds that more than half reported an increase in time spent on SOX, even as they work to add automation to the process. The fourteenth annual Sarbanes-Oxley (SOX) Compliance Survey, conducted by global consulting firm Protiviti, finds […]
The Institute of Internal Auditors has announced the approval of Malta and Somalia as new affiliates to its global federation, further extending the IIA’s extensive international reach. The addition of these two new affiliates expands awareness of the internal audit profession in the regions, said the IIA in a statement, […]
From supply chain disruptions to cybercrime; from environmental concerns to labor shortages, the list of challenges confronting most companies has evolved quickly and dramatically over the past few years and even months. Such speedy developments are expanding the types of risks many internal audit departments must identify and assess. Given […]
The Institute of Internal Auditors (IIA) inducted three of its members into its “Hall of Distinguished Audit Practitioners,” during its annual General Audit Management conference this week in Grapevine, Texas. “The IIA honored three individuals who have made significant contributions to the internal audit profession with induction to the American […]
Not long ago, I was playing a game of football (which I will reluctantly refer to here by its given name in the United States—“soccer”) with some colleagues in a tournament organized by my company. As we huddled, waiting for the match to begin, our coach remarked, “we won’t find […]
Consumer and investor awareness about sustainability is higher than ever, but misleading claims by enterprises to address this can damage an organization’s reputation. We recently sat down with Ian Beale, VP, Advisory at Gartner, to discuss greenwashing: where organizations intentionally, or not, mislead investors, regulators, and the public about the […]
With mandated #ESG disclosures fast approaching and a lack of clarity around the alphabet soup of different reporting standards, knowing which standard to use and how best to integrate it is one of the major sticking points facing the #InvestmentCommunity and #FinancialSector more broadly. The SEC’s proposals have added further […]
A new study finds that rapid transformation to the digital economy is putting a strain on control systems within organizations. The speed and intensity of changes, brought by the COVID-19 pandemic and rapid shifts in the economy, have disrupted staffing and increased the adoption of advanced technology, which has impacted […]
Continuing a long-standing tradition that started in the 1990s, the internal audit profession is observing “International Internal Audit Awareness Month” this May. During the month, internal auditors around the world share examples of how the profession provides value to organizations, spotlight the profession’s commitment to good governance and risk management, […]
The Institute of Internal Auditors has announced that it is supporting new rules proposed by the Securities and Exchange Commission that would require public companies to say much more about their environmental, social, and governance initiatives. “The Institute of Internal Auditors applauds this week’s release by the U.S. Securities and […]
