Whether your firm is small or one of the largest organizations in the country, it pays to develop and maintain a strategic audit plan, according to Lorin Venable, CPA, CGMA. As assistant inspector ...

One of internal audit's values is to tell management when the controls to manage risks and assure opportunities aren't working. Internal audit should have a plan for the work it will do, and by now we ...

Financial risks focus on managing the risks of potential loss of physical assets and financial resources. Business risks include contracts, cash and investments, revenue, and inventory. Operational ...

The Federal Government's overhaul of billions of dollars in spending on Indigenous disadvantage is still only in the "early stages" of evaluation, five years after a funding shake-up that was found to ...

Consequent to the Institute of Internal Auditors’ (IIA) announcement of the new Global Internal Audit Standards (Standards), KPMG published its guidance document on how internal audit functions (IAFs) ...

An organization that is well-prepared for such an audit will make the process less stressful and time-consuming for everyone involved. Safety audits are a great way to ensure that an organization ...

The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. The Marda Loop ...

“I’m doing everything I’m supposed to. I don’t understand why my online ads aren’t working anymore,” a client—let’s call her Mary—said to me when we sat down to look at her digital marketing strategy ...

How is the content on your website performing? What about that blog content you published two months ago? Two years ago? Is it all helping you meet your goals? Do you know – or do you have no idea?

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.