GUEST BLOG As a consultant, I review internal audit departments at multiple financial services organizations each year while conducting Quality Assurance Reviews. While my goal for these reviews is to help the internal audit become more efficient and effective, I also focus on providing reasonable assurance that the departments are Read More
A few weeks ago, I met with a self-described “introverted” business leader. This business leader confided to me that introverted individuals have a harder time climbing the corporate ladder. The individual went further in claiming that recent research shows that it is worst for women, as introverted women are seen Read More
GUEST BLOG Editor’s Note: The views expressed here are the opinions of the author. In March, the Institute of Internal Auditors released a draft version of an overhaul of its professional practice standards and framework that intend to guide the behavior and actions of internal auditors as they carry out Read More
GUEST BLOG POST Over recent years, I have found myself watching various specials on TV about the mythical Bigfoot creature. Blurry, distant images of ‘blob squatches’ collected in almost every state can fascinate even the biggest skeptic. We all want to see the evidence, the proof that the big guy Read More
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). Read More
From supply chain disruptions to cybercrime; from environmental concerns to labor shortages, the list of challenges confronting most companies has evolved quickly and dramatically over the past few years and even months. Such speedy developments are expanding the types of risks many internal audit departments must identify and assess. Given Read More
The internal audit profession faces stiff competition for talent, especially talent capable of addressing a broadening array of risks and well-versed in emerging technologies that can drive the function into the future, according to a recent survey. Protiviti’s 2023 Next-Generation Internal Audit Survey found that 43 percent of chief audit Read More
The Institute of Internal Auditors (IIA) released a draft on proposed changes to the International Professional Practices Framework (IPPF) for public comment, with focus on the International Standards for the Professional Practice of Internal Auditing. The 90-day public comment period opens today and runs through May 30. The public comment Read More
In a “special issue” of its Global Perspectives and Insights newsletter the Institute of Internal Auditors provided an early view of the changes it is considering to its professional practice standards, which govern how it expects its members to act as they conduct their work as internal auditors. In 2020, Read More
According to history, our cave-dwelling predecessors, the Neanderthals, went extinct for a reason–they couldn’t adapt to their changing environment. Maybe they wanted to, but they couldn’t and unfortunately, they didn’t. Eventually, they were replaced by us humans, of course, who were better able to adapt to changing weather, hunting patterns, Read More
