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 […]
GUEST BLOG POST Lately, I’ve been reflecting on my experience presenting compliance updates to boards, both during my industry days and now as a consultant. One thing that consistently frustrates me is seeing compliance officers deliver presentations that are completely reactive. The focus is always on the number of investigations […]
Here is an “on demand” video version of the Webinar: Integrating ESG, Internal Audit, and Risk for Impactful Change Here is a copy of the Slide Presentation. Don’t forget to visit our co-host, AuditBoard! Not yet a subscriber to our free email newsletter? Subscribe Here Now! Need more CPE credits? […]
Imagine being the CEO of arguably the most successful artificial intelligence company in the world. You’ve created an app that accumulated 100 million active monthly users in just five days. Next, you brokered funding to the tune of more than $10 billion from one of the world’s biggest tech giants, […]
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 […]
Artificial intelligence applications like ChatGPT are becoming common tools in the workplace to do everything from generating job descriptions, writing and editing reports, and to managing schedules (See related article, “How Employees Are Using ChatGPT on the Job“). But the apps aren’t perfect. In fact, they can be error prone […]
The LSU Center for Internal Auditing, a university-based internal audit education program, is expanding to include a greater focus on cybersecurity risk and environmental, social, and governance (ESG) issues. In recognition of these changes, the program has been renamed the LSU Center for Internal Auditing & Cybersecurity Risk Management (LSUCIA&CRM). […]
The past year concentrated attention and shone a spotlight on the increasing fragility of organizations. With a complex set of risks manifesting simultaneously, audit committees are prioritizing some of the most serious implications resulting from the ongoing war in Europe and a triple squeeze of supply chain, workforce and inflation […]
The Public Company Accounting Oversight Board (PCAOB) has fined four audit firms for failing to file Form APs and, thus, failing to disclose who led specific audits for the firm and whether any other firms were involved in those audits. Failure to file Form APs in a timely manner is […]
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 […]
