All IIA articles

  • innovation

    Internal auditors hear call to innovate, take up technology


    The newest intelligence is calling on audit leaders to embrace their new normal—that nothing is normal—and innovate with technology to face it.

  • Blog post

    Newest IIA study will focus on transformation of internal audit


    The newest internal audit will suggest chief audit executives need to focus on developing talent to meet a mandate regarding fast-paced changes in business risks.

  • technologyaccountingchange

    2018’s internal audit agenda: culture, technology, and change


    Internal audit plans for the coming year will reflect more consideration of corporate culture and the risks it might pose to the company’s success.

  • Blog post

    COSO publishes final version of updated ERM framework


    COSO has released its newly revised enterprise risk management framework, giving companies a new tool to consider in building out their ERM approaches.

  • Blog post

    IIA guidance digs into big data risks, opportunities


    Big data represents both a growing risk and a growing resource for internal auditors, prompting the IIA to offer new guidance to address it and leverage it.

  • Article

    Latest internal audit studies suggest path forward for leaders


    The latest crop of internal audit studies reveal some promising insights into the trajectory of the profession and strategies to undertake on the path forward.

  • Blog post

    To combat fraud, check accounting policies, internal controls


    In the battle against fraud and restatements, a company’s best allies are strong accounting policies and well-documented internal controls, a new report says.

  • Article

    Internal auditors get new guidance to protect independence


    New standards tell internal auditors to safeguard their independence when asked to perform work other than internal audit—like helping with revenue recognition. Tammy Whitehouse reports.

  • Article

    3 ways audit committees can rein in corporate culture


    After another banking scandal, heads are turning to the audit committee for answers. Tammy Whitehouse reports on how audit committees can fix errant corporate culture.

  • Blog post

    Profession rolls out more guidance for internal audit


    Tammy Whitehouse explores new guidance and intelligence that has emerged recently on how internal audit can raise its game in the face of rising regulatory expectations and market demands.

  • Article

    Inside the struggle to define, measure, and manage corporate culture


    An organization’s culture is an important cornerstone of any compliance effort, but it remains a notoriously slippery thing. Experts at the Compliance Week 2016 conference provided their insights on how to better define culture so it can be adequately managed and measured. Tammy Whitehouse has more.

  • Article

    To be a great internal auditor, be a great communicator


    For internal audit leaders to deliver the most value to their audit committees, they need to develop a suite of skills that are not always stressed as being part of the audit profession. But without great communication and presentation skills to present their findings, auditors can’t be truly great at ...

  • CyberThreat

    Internal audit joins the fight against cyber-threats


    As organizations face ever-increasing cyber-security threats, experts are prodding internal auditors to get more involved in at least identifying the risks, even if they aren’t information technology experts. Basic compliance practices can significantly reduce a company’s cyber-exposure, but it needs somebody to drive the effort.

  • Blog post

    Internal audit intelligence calls for elevated service levels


    Image: At a recent Institute of Internal Auditors conference, audit executives heard the early returns from the annual IIA Common Body of Knowledge study that suggest North American audit stakeholders would welcome more help in identifying strategic risks. Brian Christensen, executive vice president at consulting firm Protiviti, which assisted with ...

  • Blog post

    IIA offers advice on talent management in new report


    Image: The Institute of Internal Auditors has issued a white paper to motivate staff auditors to tackle heightened expectations from audit stakeholders. It provides five strategies for performance management tailored to internal audit and promises to help CAEs set goals, retain talent, equip employees, assess performance, and respond to success. ...

  • Blog post

    Third-party risk is "next frontier" in cyber war, Home Depot IA leader says


    Third-party risk represents the “next frontier” in the ongoing cyber war, says Kelly Barrett vice president of internal audit and corporate compliance at Home Depot, where she navigated a cyber breach like it was “a blow to the head” and now tells the story of how the entity faced the ...

  • Article

    How internal audit can help drive corporate culture


    Traditional notions of audit are focused on verifying quantified data, but can audit provide that same benefit in the ether space of business, verifying the presence or absence of intangible characteristics? The internal audit profession is starting to believe it is possible, and its leaders are calling on audit executives ...

  • Blog post

    Surveys, papers provide plenty of advice for internal auditors


    Image: In a survey from KPMG and Forbes of more than 400 CFOs and audit committee members nearly 60 percent said they would welcome help in assessing risks and risk-managing practices, but only 22 percent said they get that from internal audit; 36 percent said they would like to see ...

  • Blog post

    IIA calls for bold moves in latest "Pulse" report


    Internal audit leaders are becoming alarmed with their latest survey results that suggest the internal audit profession is not moving as nimbly as they’d like to address emerging business risks. A report from the Institute of Internal Auditors says 89 percent of organizations polled see prevention and education as the ...

  • Blog post

    IIA Seeks to Raise Bar on Internal Audit Practices


    The Institute of Internal Auditors is proposing a change to its professional practice standards to give internal auditors some new guidance in light of evolving business demands. The IIA says the proposed changes are focused on enhancing existing standards on communications and quality assurance, and creating new standards addressing objectivity ...