As the role of internal auditors has expanded in recent years, the skillset necessary to staff an internal audit function has broadened. Senior leaders and audit committees are looking to internal ...

Continuous improvement of a compliance program requires robust auditing and testing. The Justice Department and regulatory agencies have articulated a number of key issues and principles to assist ...

Imagine your CFO is sitting in front of the audit committee and being asked whether the organization can prove that its AI is not only working, but working exactly as it should be. “Today, that’s not ...

In today's ever-expanding risk environment, institutions need to be responsive in their internal audit program's ongoing design. As noted in interagency guidance, the board and senior management are ...

AI is moving deeper into banking controls. The bigger change may be a shift from periodic compliance and audit toward continuous, machine-assisted assurance.

Why is Auditing so Important? The food industry has seen unprecedented technological advancements, significantly enhancing operational efficiency and reducing costs. More importantly, these ...

Passing the Certified Internal Auditor exam can open doors to better pay, prestigious job titles, and long-term career growth. But let’s face it—the Certified Internal Auditor exam is tough. The ...

Corporate governance may be defined as oversight of a corporation's policies, procedures and practices. This oversight helps to ensure that the business is operated in the best interests of the ...

Although only public companies are required to have documented processes that identify internal controls, all companies could benefit from following a similar approach. “What company wouldn’t want to ...

The SEC s recently issued proxy disclosure rules provide chief audit executives with opportunities to help companies improve their governance and risk management practices, according to the Institute ...

According to the Definition of Internal Auditing in The Institute of Internal Auditors (IIA) International Professional Practices Framework (IPPF), internal auditing is an independent, objective ...