By now, it’s clear to most internal auditors and to those who follow the profession that internal audit is changing very rapidly. The strategies that have worked in the past will no longer be enough to carry out internal audit’s new mandate. Boards and senior management expect internal audit shops Read More
Robotic process automation (RPA) is quickly gaining prominence among internal audit shops as a must-have technology to increase inefficiency and automate some labor-intensive processes. RPA is the use of software or other technology to create scripts or “bots” to handle high-volume, repeatable tasks that previously required people to perform. These Read More
SPONSORED ARTICLE When Michele Variale joined the Natuzzi Group as chief internal auditor in 2017, he knew that his team had to streamline operations and sharpen its focus if it was to offer senior managers what they needed to help the high-end furniture company succeed in a rapidly changing industry Read More
It’s time for internal auditors to think differently. That’s not a new assertion, precipitated by the challenging times the coronovirus pandemic has wrought; companies have been in period of radical change for some time, and corporate leaders, internal audit experts, indeed internal auditors themselves, have implored the profession to change Read More
As the global COVID-19 pandemic worsens, security firms and law enforcement, including the FBI, are warning of increasing phishing and other cybercriminal scams targeting a largely at-home workforce. Meanwhile, researchers also are finding that cyber-criminals are continuing to spoof organizations that are providing COVID-19 updates to the public. For example, Read More
AuditBoard, a provider of cloud-based software for managing and automating risk, audit, and compliance work, has announced the release of a new risk management offering, RiskOversight. AuditBoard says the new product, an expansion of its platform, was built to elevate and execute risk management programs across the enterprise—including risk identification, Read More
SPONSORED ARTICLE Insurance company Allstate may be known for its chaos-causing spokesperson, but the way the business operates is anything but mayhem. The insurer has enjoyed decades of steady growth and is considered a leader in categories across the board. Allstate’s internal audit department is no exception and has long Read More
Cyrptocurrencies, like Bitcoin and Ethereum, have their supporters and their naysayers. No matter what you think about the usefulness of these virtual currencies, however, their emergence has given rise to an underlying technology that nearly everyone agrees will be invaluable to the future of finance and accounting: Blockchain. While blockchain Read More
SPONSORED ARTICLE: When Jae Kyung Gianelloni accepted a job at Caesars Entertainment as Director of Performance Assurance in the internal audit department in 2017, she knew she had a lot of work to do. The company was still running what Gianelloni describes as a “compliance-focused internal audit shop,” and the Read More
Companies are struggling to keep their networks secure, particularly when they involve cloud computing, but an emerging technology—machine learning—could provide some help to eliminate unauthorized communication in your cloud. One of the biggest challenges of managing network security is understanding the environment: What assets are present? How are they communicating? Read More
