Prioritizing ESG: Exploring Internal Audit’s Role as a Critical Collaborator
The internal audit function has grown an increasing role as a critical collaborator to ESG. As it is known, internal…
A Refreshed Focus on Risk Assessment
There can be last minute changes in plans at any time during the audit process and auditors need to be…
What Auditors Need to Know About ESG Issues
It is important for auditors to understand the current ESG issues. Regulators and standard setters are making ESG disclosures a…
Internal Auditing the Agile Way
"As internal auditors gain experience in delivering internal audit projects using the Agile approach and gain confidence, it is imperative…
Internal Audit Foundation and Deloitte Release Global Research Study Assessing Internal Audit Competency
Did you know it was confirmed, by The 2021 Premier Global Research Report, that internal auditors have strong competence in…
Internal Audit has a Pivotal Role in ESG Reporting
Do you know that internal audit plays a pivotal role in ESG reporting? "Reporting on environmental, social and governance information…
Single audits: Using Compliance Supplements for success
"Single audits are especially challenging amid a pandemic-related surge in government aid. Understanding how to apply guidance in the Office…
Don’t Neglect Account Reconciliation and Analysis in Audits
Account reconciliations and analyses are often misunderstood and thought of as routine, low level activities which add little value. On…
How Internal Audit Can Strengthen Cost Management
"While seeking cost savings is not internal audit’s primary role, auditors are well-positioned to evaluate the governance and controls in place to monitor and keep expenses under control." This article shows how internal audit can provide valuable assurance on cost management and strengthen a company’s performance.
Why CEOs and CFOs Should Engage With Internal Audit
A high-quality internal audit function can have a huge influence on a business. "Given the level of risk and uncertainty in the current business environment, there has never been a more important time to have a high-quality internal audit function.”
FEI’s 2021 Study Shows How Audit Fees are Spiking as Complexity Rises
Auditing costs have been increasing in recent years for public companies, thanks to new accounting standards and corporate acquisitions, according to a study released on 02/25/2021
Internal Audit Still Lags in Use of Data Analytics
"Over the last few years, various studies and surveys have consistently shown that data analytics is still underutilized in internal audit, although there has been some improvement." But why?[...]