Tag: Internal audit skills

top internal audit relationship mistakes

The Six Biggest Relationship Mistakes Internal Auditors Make

We all know that internal auditors play a unique and complex role at the organizations where they work. They must serve many constituencies and customers, including the operating units they audit, the board and senior managers they report to, not to mention fellow employees, consumers, regulators, and citizens at large Read More

Data privacy

U.K. Agency Issues Guidance on Auditing Artificial Intelligence Use

The Information Commissioner’s Office, the United Kingdom’s independent authority established to uphold information rights in the public interest, has released beta guidance on managing artificial intelligence and data protection risks. The guidance, which the ICO calls a “toolkit,” contains risk statements to help organizations that are using AI to process Read More

Internal audit After the pandemic

The Post-Pandemic Evolution of Internal Audit

Those who are practicing internal audit in the same way they were before the COVID-19 pandemic are in the minority, according to a new study. Between remote auditing, newly implemented technology, and a heightened focus on cybersecurity, internal audit has changed. Approximately 70 percent of auditors have had to change Read More

IIA Releases Global Technology Audit Guide on Auditing Identity and Access Management

The Institute of Internal Auditors released a new Global Audit Technology Audit Guide on auditing identity and access management on Wednesday. “Auditing Identity and Access Management” discusses foundational topics of IAM that are intertwined with every organization’s IT governance, application controls, and general controls. The guide is designed to enable Read More

IIA expands scholarship program

IIA and AuditBoard Expand Scholarship Program

The Institute of Internal Auditors and AuditBoard announced the expansion of their Elevate Internal Audit Scholarship Program to provide scholarships for internal auditors interested in attaining Certified Internal Auditor (CIA) status. This program expansion empowers qualified individuals to receive the training and testing necessary to achieve the CIA, the only Read More

IIA signs deal with Vietnam

IIA Signs Agreement to Advance Internal Audit in Vietnam

The Institute of Internal Auditors (IIA) has signed a Memorandum of Understanding (MOU) with the Vietnam Ministry of Finance (MOF) Accounting and Auditing Supervisory Department for cooperation and collaboration in establishing and advancing the internal audit profession in Vietnam. The IIA said, in a statement, that it is well-positioned to Read More

diversity and inclusion audits

Is It Time to Conduct a Diversity and Inclusion Audit?

Along with the COVID-19 pandemic, 2020 and 2021 will be remembered as years when issues centered on racial justice captured the nation’s attention. The outrage stemming from the deaths of George Floyd, Ahmaud Arbery, Breonna Taylor, and others has sparked a reexamination of race issues and discrimination that many consider Read More