By now, it’s clear to most internal auditors and to those who follow the profession that internal audit is changing very rapidly. The strategies that have worked in the past will no longer be enough to carry out internal audit’s new mandate. Boards and senior management expect internal audit shops Read More
These are strange days. Many of us may feel like we are living out a dystopian movie as we walk around the neighborhood waving to neighbors, but knowing we can’t stop to chat and must keep at least six feet away. Grocery shopping has become an act of courage, and Read More
One of the things we will all remember long after the Coronavirus Crisis is over—apart from the horrible loss of life, of course—is the extended period of everyone working from home. We’ll remember the kids and pets making appearances on Zoom calls, scoping out the items on everyone’s bookshelves in Read More
The Institute of Internal Auditors has released a new report to help auditors address the challenges of conducting audits while working from home. The report, “Remote Auditing for COVID-19 and Beyond,” examines the challenges of remote auditing and offers strategies for overcoming them in each part of the audit engagement Read More
A new survey of internal audit leaders finds that they are focusing their coronavirus response on assessing the short-term impact of the pandemic (78 percent) and communicating with the board (72 percent). When asked for their initial strategic response to the COVID-19 crisis, chief audit executives and audit directors also Read More
Even before the coronavirus outbreak, it was clear that in today’s hyper-connected world, risks are moving faster than ever. As we see with the pandemic, a catastrophic event or set of circumstances can spring up quickly and change everything. While the coronavirus crisis brings with it a special set of Read More
There is no question that corporate America is facing one of the biggest crises it has ever faced. Indeed, the nation is facing the biggest crisis since 9/11 and possibly since World War II. Nothing has been as disruptive; shuttering stores, restaurants, hotels, and offices across the nation. The coronavirus Read More
Guest Blog As the situation regarding coronavirus (COVID-19) continues to deteriorate, we see businesses becoming stretched and challenged on multiple fronts. From the massive impact on supply chains, to staff availability, to a plunge in demand for products and services in hospitality, transportation, energy, and many other industries, the pandemic Read More
It’s February and the holidays are behind us, winter is in full swing, and many of our New Year’s resolutions to get to the gym more often or do a better job saving money have fallen by the wayside. It’s not too late, however, to set some goals for internal Read More
Are you an audit leader looking to take your internal audit team to the next level in 2020? Get started with the definitive guide to audit management, which contains best practices, resources, and tools for each stage of the audit lifecycle. Download the free guide below! Whether you manage an Read More
