Editor’s Note: This is the first in an occasional new series we are calling “Conversation Starter.” In each segment we will offer a brief take on a particular internal audit issue, along with a plea to you, our readers, to provide your own experiences and views in the comments section Read More
Global consulting firm Protiviti has expanded its member firm network to South Africa. The provider of internal audit services announced today that it has added SekelaXabiso CA (SkX) as its newest member firm. SkX is one of the largest internal audit and risk consulting firms in South Africa with more Read More
Pizza restaurant chain Papa John’s has hired mega law firm Akin Gump to conduct an independent audit of the company’s programs for diversity and inclusion, as well as the company’s culture. The move comes after the company’s chairman and founder, John Schnatter, resigned earlier this month over allegations that he Read More
If the Tazewell County Board wins in its quest to replace the elected auditor position with a hired internal auditor it could spend much more than it is spending now for the elected position. But the Illinois county hopes to add more experience and skill with a credentialed internal auditor. Read More
The global internal audit services market was valued at $33.6 billion in 2017. North America was the largest geographic region accounting for $12.3 billion or 36.7 percent of the global market. Of that, the United States was the largest country accounting for $9.9 billion or 29.4 percent of the global Read More
In the wake of a blistering report that branded the city of Santa Fe’s one-person internal audit department as ineffective and incompetent, the city is moving forward with a plan to outsource internal audit and all audit functions in the upcoming fiscal year. The city finance committee endorsed a recommendation Read More
A California Supreme Court ruled Monday to limit businesses from classifying workers as independent contractors who aren’t eligible for certain benefits and employment protections. Labor supporters hailed the worker classification decision as a big victory for labor. The move to broaden the definition of employees could shake up the state’s Read More
Internal audits are becoming increasingly complex. A heavy toll is being demanded by outsourcing, the constant emphasis on controlling costs, the impact of IT, the pursuit of efficiency, the need to find and retain top talent, and changing legislation. Good personnel, with up-to-date knowledge of information security, IT compliance, and Read More
Companies are increasingly turning to outside service providers to help out with their internal audit activities, especially when it comes to specialized work, according to a recent report. An annual survey of global internal audit professionals finds that, on average, one in three corporate internal audit departments worldwide outsource some Read More
