Boards and audit committees now expect defensible, evidence-based insight into emerging risks and assurance gaps, not ...

Internal auditors are facing a heightened risk of fraud at organizations as schemes change and internal controls weaken over ...

Internal Auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations. It helps an organization accomplish objectives by ...

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 ...

Organizations that implement strategic internal controls, such as policies, processes, and monitoring activities, inevitably achieve repeatability. This directly correlates with growth. When ...

Artificial intelligence adoption is racing ahead. Organizations are accelerating pilots of chatbots and agentic systems to identify opportunities and unlock growth. But while the gas pedal is pressed ...

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

The Institute of Internal Auditors' new practice guide for internal auditing shares some good insights, but falls short in a few areas. The Institute of Internal Auditors (IIA) has published a new ...

MUNCIE, Ind. − A state audit of Muncie government finances during 2022 cited a lack of internal controls in recordkeeping of city revenue and expenditures, including proceeds of federal and state ...

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 ...

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 ...