Tag: Internal audit skills

Bigfoot? Motörhead? Sources of Learning for Internal Audit Are Everywhere

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

LSU Center for Internal Auditing to Add Cyber, ESG Focus

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

Internal Audit skills

Survey: Internal Audit Struggling to Attract Top Talent

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

Institute of Internal Auditors

IIA Releases Draft of New Professional Practice Standards

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

internal audit standards

IIA Gives Sneak Peek at Overhaul to Its Professional Standards

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

The future of internal audit

Seven steps to evolving your internal audit team to adapt to changing times
Repositioning Internal Audit for the Future

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

Worst Words Internal auditors use

The Seven Worst Words Internal Auditors Use

Let’s face it. Internal audit still suffers from some rather negative stereotypes. There are plenty of companies or units where internal auditors are not welcomed with open arms. Audit clients may view internal audit with suspicion, expecting a “gotcha” mentality or may feel like they are under surveillance. Sure, it’s Read More

Mistakes Rookie Internal Auditors Make and How to Fix Them

GUEST BLOG POST All human beings are creatures who change with their environment and circumstances, who hopefully grow and develop with experience, particularly their work experience. But all processionals have to start somewhere. We can probably all remember the early days of our careers as we fumbled and bumbled our Read More