Cyber-security testing controls are more accessible than ever, making it an opportune time for IT audit teams to adopt their own techniques and become more independent rather than continuing to depend ...

Continuous improvement of a compliance program requires robust auditing and testing. The Justice Department and regulatory agencies have articulated a number of key issues and principles to assist ...

In today's ever-expanding risk environment, institutions need to be responsive in their internal audit program's ongoing design. As noted in interagency guidance, the board and senior management are ...

According to the Definition of Internal Auditing in The Institute of Internal Auditors (IIA) International Professional Practices Framework (IPPF), internal auditing is an independent, objective ...

AI is reshaping internal audit by replacing manual testing with continuous risk monitoring and automated analysis. The key takeaway is that auditors can focus more on strategic risk management and ...

The Institute of Internal Auditors has stopped most of its in-person activities, including training, during the COVID-19 pandemic and will instead do online testing on a temporary basis for its ...

Why is Auditing so Important? The food industry has seen unprecedented technological advancements, significantly enhancing operational efficiency and reducing costs. More importantly, these ...

Although only public companies are required to have documented processes that identify internal controls, all companies could benefit from following a similar approach. “What company wouldn’t want to ...

Today many companies recognize the desirability as well as the requirement to have an effective system of internal control. Yet, designing and implementing a cost-effective system of internal control ...

Engineering companies need internal audits regularly. These audits must be conducted according to an audit plan, so that the auditor can know that all important aspects of the company will come under ...

Corporate governance may be defined as oversight of a corporation's policies, procedures and practices. This oversight helps to ensure that the business is operated in the best interests of the ...

Western Illinois University supports an internal auditing department as an administrative staff function and as an independent appraisal function to examine and evaluate University business or ...