Internal audit can add value in non-traditional areas, but fundamentals must take priority. It’s true that most internal audit shops have embraced some profound changes in the past few years. The biggest transition has been, of course, to turn internal audit’s powerful ability to assess processes and evaluate controls on Read More
Nearly all large companies have well-considered sexual harassment policies and training on the issue, but many still have big problems in the area. Why? Because the culture of some organizations, set by the behavior of senior executives and managers, undermines those policies and training programs. This fact has important implications Read More
The most pressing concerns for internal audit this year will hinge on cybersecurity preparedness, updating internal audit amidst rapid business innovation, culture risk management, and new regulatory reporting compliance. It will therefore be important for chief audit executives to chart a path toward impacting and influencing their organizations. But to Read More
Based on a software development framework, agile internal audit is the mindset an internal audit function adopts to focus on stakeholder needs, accelerate audit cycles, drive timely insights, reduce wasted effort, and generate less documentation. Agile prompts internal auditors and stakeholders to determine up front the value to be delivered Read More
