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“For tracking litigation, enforcement, and regulatory developments, Compliance Week
should be your prime source.”- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Rising Tides Around IT Audit
Image: At long last, IT audit is finding its place in the sun—so says the latest IT Audit Benchmarking Study, published last week by ISACA. By almost any measure, IT audit is getting a higher profile at large organizations. What does that mean for compliance officers, and how can they ...
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For Internal Audit, Is Emerging Technology More Trouble Than It’s Worth?
Image: IT audit is challenged not only by persistent talent shortages and rapid changes in technology, but also by concerns about reporting lines that raise questions about independence and the frequency of risk assessments. “Changes in security remain top of mind,” says Robert Stroud, immediate past president of ISACA and ...
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News BriefPCAOB fines PwC Israel $2.75M amid ongoing sweep for internal training exam cheating
The Israeli affiliate of Big Four audit firm PwC agreed to pay $2.75 million to settle allegations it failed to prevent widespread cheating on training examinations despite internal warnings to staff about an ongoing crackdown.
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News BriefBSA failures lead to $42M fine for Brink's over unregistered cash shipments to Mexico
Armored car company Brink’s Global Services will pay $42 million in penalties to settle charges laid by federal regulators for violating anti-money laundering provisions of the Bank Secrecy Act.