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News Article
The Evolving Internal Audit Role
Jaclyn Jaeger | July 24, 2012
Thousands of internal auditors convened in Boston earlier this month, and came away with one basic conclusion: The profession needs to expand its skills and expertise to prosper in today's data-soaked world. "We have a great challenge to push executive management and the board to respond to those changes," said Mark Carawan, chief audit executive for Citigroup. More on the state of internal audit is inside.
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News Article
COSO Framework Update Sparks Deep Debate on Internal Control
Tammy Whitehouse | April 24, 2012
COSO's effort to update its famed, but 20-year-old, framework for managing internal controls has sparked a deeper debate this spring about how companies should approach internal control overall. "Some of COSO's own members are critical of the draft. It speaks to the fact that these organizations took their role seriously," says Norman Marks, vice president at SAP. A closer look is inside.
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