Articles
Tag: internal audit
-
Should We Audit at the Speed of Risk?
The annual audit plan is typically out-of-date even before it is approved by the audit committee.
Continue reading...
-
Risk Practitioners Should Be Asking 'How Can We Help?'
We may have a business card that says we are internal auditors. But we are part of the management team and our first duty is to help the organization succeed.
Continue reading...
-
Should You Boast About Internal Audit Value?
Value is what people would be willing to pay for, not what you say it is. The same applies to internal audit.
Continue reading...
-
Why Does Internal Audit Need to Be Agile?
We need to be not only agile in our audit planning, but also provide the assurance and insight that is needed at speed.
Continue reading...
-
10 Years of Progress in the GRC World
Thankfully, most practitioners have moved on to focus on those elements of GRC that are meaningful to them rather than trying to implement software for “GRC.”
Continue reading...
-
The Core Principles of Effective Internal Auditing
The Institute of Internal Auditors' new practice guide for internal auditing shares some good insights, but falls short in a few areas.
Continue reading...
-
Emerging Risks: Who Is Watching?
Whose job is it to identify, assess and react to risks? If you responded with anyone other than management, read on.
Continue reading...
-
8 Biggest Risks for Internal Auditors in 2018
Internal auditors put their own roles at risk if they fail to focus on the broader business's success
Continue reading...
-
The Wells Fargo Fraud: Where Was Internal Audit?
Many parts of the Wells Fargo staff "scam " are mind-boggling. It’s not just that staff at Wells Fargo opened an estimated 2 million deposit accounts and applied for roughly 565,000 credit card accounts to meet sales goals.
Continue reading...
-
Internal Audit Pushes Beyond the Tipping Point
Forces are pushing multiple business departments to be more agile in their day to day operations, and internal audit is no exception. Faced with an ever-changing list of risks, internal audit is tasked with becoming more nimble, more strategic and more data-driven.
Continue reading...
-
Do Board Members Understand Internal Audit?
Do top executives and board members understand the role of internal audit and the capabilities it offers? This question was prompted by a post that a valued member of my network, Alfred Rodas, brought to my attention, "Internal Audit and it's enhanced role in the future "(sic).
Continue reading...
-
Reflections on IT Risk, Technology, Risk Management, Internal Audit
All the studies show an increasing pace of change in and around technology. It’s not just that we run the back-office with enterprise software, it is also invading the front office and the products and services offered by organizations around the world.
Continue reading...
-
Should Internal Audit Be Responsible for Detecting Fraud?
Internal auditors love fraud: detecting it and investigating it. The majority of boards and top management expect internal auditors to dedicate a fair portion of their time to auditing for fraud and performing investigations as needed.
Continue reading...
-
The Path to Excellence for Internal Audit
If internal audit is to remain relevant, it needs to move beyond the services currently performed to provide assurance to the main stakeholders. Two Perspectives Earlier this year, I wrote about PwC’s 2013 State of the Internal Audit Profession. Protiviti has added insights through their 2013 Internal Audit Capabilities and Needs Survey, which identified these
Continue reading...
Displaying 1-14 of 15