n the abstract, a rare event is merely a low-likelihood occurrence. In the real world, that dry coinage can translate into significant disruption and far-reaching consequences. A rare event could take the form of a large-scale calamity — a deadly storm, an epidemic, a financial crisis. For a business, the Read More
A recent article from Deloitte in the Wall Street Journal notes the opportunity for internal audit to take advantage of Big Data and data analytics. Sure, it’s a sponsored article as part of Deloitte’s relationship with the WSJ, but the article nonetheless has some good nuggets of wisdom on how Read More
The tops risks that chief audit executives face, as identified by a new report, are likely to be familiar foes for most internal audit leaders. Chief audit executives (CAEs) are unlikely to be alarmed by a new report listing the top five risks confronting internal audit; they’ve been battling them Read More
For years, auditors have used interviews and workshops to conduct successful company assessments. As more businesses become digitized, auditors need to blend those traditional techniques with a more data-driven approaches. In the face of higher expectations for accuracy, internal audit departments need to take note: big data is changing the Read More
