New IIA Framework Pushes Audit Executives to Think Forward
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 ...
THIS IS MEMBERS-ONLY CONTENT
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
Related articles
-
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 ...
-
ArticleFrench investigators target anticompetitive practices in largest accounting firms
Major accountancy firms in France are under investigation for anti-competitive practices. The French competition watchdog embarked on a series of “unannounced inspections” and removed documents relating to audit and reporting on Jan. 13.
-
OpinionTeaching the business to speak risk
Compliance professionals understand the value of risk assessments. We conduct them annually, map risks to controls, and present heat maps to the board. But there is a strategic opportunity that many compliance programs overlook: Teaching the business itself to think in the language of risk.