The refreshed Standards were released earlier this year on 9 January 2024 and are the outcome of a multiyear project led by the IIA, while taking into account the internal audit community’s efforts.

Do you have a robust, reliable and credible internal audit department? Is the function still into the traditional, “police-type”, compliance-based audit? Or has it adopted a risk-based approach? As ...

The last in a series of eight case studies from the Product Quality Research Institute focuses on internal GMP audits. An integral part of an effective quality system in a cGMP-compliant ...

In today's fast-changing environment, internal audit is no longer a back office function. It is central to how organisations manage risk, protect value and sustain growth. This is especially true in ...

The county’s internal auditor reported that in a sampling of contracts and expenditures paid for with American Rescue Plan Act dollars, Orange County had complied with all federal monitoring rules and ...

The Office of Internal Audit assists UNG's management by providing an independent evaluation of the soundness, adequacy, and application of accounting, financial and other operating controls necessary ...

Forbes contributors publish independent expert analyses and insights. I am the Jenkins Professor of Accounting at NC State University. Audit partners who issue adverse internal control opinions are ...

Mar. 9 – Internal control and audit efforts in China are often criticized for only meeting compliance requirements, with little or no benefits to the business – form over substance. This is not, ...

Every company like to believe that its employees and management are above reproach and would never do something to harm the organization. However, it is also a wise business move to have systems in ...