The role of internal audit has expanded as auditors have taken on more responsibilities. Businesses no longer only look to the function as evaluators of effectiveness, but also urge internal auditors to add value to their organizations. Thus, internal auditors are now expected to improve efficiency and operations, especially in Read More
In a video, Richard Chambers, IIA president and CEO, highlighted the importance of effective communication to persuade organizations to listen and effect positive changes, even as working from home has made communication more difficult. Chambers pointed out that aggression and divisive fighting are not conducive to proper persuasion, and that Read More
Love and passion aren’t always the words that come to mind when talking about internal audit and accounting, but a new documentary Making It Balance: Will the Work Be Worth It explores just those aspects of the professions and discusses the very humanity behind the audit industry. The documentary, which Read More
GUEST BLOG As the world became chaotic around us earlier this year, internal auditors were pushed to work remotely, upending a lot of the conventional wisdom about what an internal auditor’s job should entail. Similarly, external auditors found themselves in a completely new world. With clients closing their offices, audit Read More
When asked to reflect on the COVID-19 pandemic during on a recent interview on CNBC, Salesforce CEO Marc Benioff remarked, “the business of business can no longer just be business.” Rather, he said, it must be to improve the state of the entire world. What might have been a controversial Read More
The role of internal audit has evolved over the years to more than just assurance, and leaders in internal audit need to respond to the new challenges and expectations facing them in the field. As firms recognize the unique value that internal auditors can bring to the company, to meet Read More
The Coronavirus Crisis has changed how internal audit operates in many ways, but it is the speed required to keep up with rapidly moving developments that may have the most lasting impact on the profession when the pandemic has passed. As Richard Chambers, president and CEO of the Institute of 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
The Institute of Internal Auditors (IIA) will begin providing online testing early next month for all three parts of its Certified Internal Auditor (CIA) exam and for its exam to earn a Certification in Risk Management Assurance (CRMA). The professional association said it will begin offering the tests online, “to Read More
Due to the coronavirus stay at home orders, conducting actual inventory counts that might be required by an internal audit can be very difficult. In many areas right now, we are likely unable to go out to a client location and physically observe inventory like we’ve done in the past. Read More
