All IIA articles – Page 2

  • Blog post

    IIA offers advice on talent management in new report

    2016-03-07T18:00:00Z

    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

    2016-03-07T14:00:00Z

    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

    2016-03-01T11:45:00Z

    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

    2016-02-26T13:15:00Z

    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

    2016-02-16T09:45:00Z

    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

    2016-02-02T17:30:00Z

    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 ...

  • Blog post

    Internal Audit Needs to Better Measure Performance, IIA Says

    2015-12-02T13:30:00Z

    Internal audit departments might better demonstrate the value they bring to public companies if they had a more robust way of measuring their own performance.

  • Blog post

    Doty Projects Year-End Completion of Engagement Partner ID

    2015-09-10T17:30:00Z

    Image: More than a decade after regulators began mulling how to give some transparency to investors around who actually performs public company audits, PCAOB Chairman James Doty said he is hopeful that the board is on track to “get this done by the end of the year.” Doty recently said ...

  • Blog post

    IIA Reports Calls Internal Auditors to Better Leverage Technology

    2015-08-19T08:30:00Z

    Image: A recent report from the Institute of Internal Auditors found that nearly 40 percent of audit departments worldwide are getting their arms around technology at what they consider to be appropriate levels. However, the study also found only one in 10 internal auditors entering the profession has education in ...

  • Article

    New IIA Framework Pushes Audit Executives to Think Forward

    2015-07-14T12:00:00Z

    Image: The Institute of Internal Auditors has unveiled its new professional practices framework, guidance intended to drive auditors to think more critically about risk management and organizational improvement. “It’s about making sure we understand the changes taking place in business and learning to use those to our advantage,” says Larry ...

  • Article

    IIA to Push More Flexible Internal Audit Planning

    2015-05-12T15:00:00Z

    Image: The Institute of Internal Auditors will unveil an overhaul of its professional practices framework this summer, including a push for audit executives to be more flexible in their audit planning. Whether that means a “rolling audit plan,” contingency funds for surprise risks, or other methods, many say the idea’s ...

  • Article

    Audit Voices Try to Calm Tensions on Evidence

    2015-03-17T13:45:00Z

    Image: Leaders of the auditing world are calling for a truce in arguments between internal and external auditors over how much evidence external auditors should collect themselves while scrutinizing internal controls—and are calling on audit committees to intervene earlier to prevent such disputes. “Essential value will be lost if external ...

  • Blog post

    Why Is Cyber-Security a Process? This Is Why.

    2015-03-11T22:45:00Z

    Image: Everyone stresses the importance of looking at cyber-security as a process. Well—why, exactly? How does viewing cyber-security that way help compliance and audit executives? Because, Compliance Week Editor Matt Kelly writes, cyber-threats are equally about building effective processes—to subvert yours. And until we appreciate the nature of cyber-risks, he ...

  • Blog post

    Survey: Internal Audit Gaining Ground on Cyber-Risks

    2015-03-05T14:45:00Z

    Image: Protiviti’s recent survey of more than 800 internal audit professionals reports that half of respondents said a cyber-security evaluation is included in their current audit plan, and 60 percent of those organizations use the National Institute of Standards and Technology cyber-security framework to evaluate risks. Protiviti EVP Brian Christensen ...