A semi-annual or annual internal audit allows you to gauge the effectiveness of your business's internal control system. Unlike an external audit, which focuses on determining whether financial ...

Discover how auditors evaluate the inherent risk that affects financial statements, focusing on its inevitability and the crucial role of internal controls.

Internal Audit identifies all auditable activities and relevant risk factors, and assesses their significance through an annual risk assessment, utilizing the Committee of Sponsoring Organization's ...

The Institute of Internal Auditors (IIA) Qatar organised a three-day training programme on ‘Internal Audit Quality Assessment -Performing the Reviews’ at the Doha Marriott Hotel recently. Alfredo ...

Internal auditors in North America are confident in their ability to assess risks on a continual basis, but they face a potential talent shortage in the profession, according to a report released ...

By Daniel QUIANOO In today’s rapidly changing educational landscape, universities face a multitude of challenges, including ...

Audit and risk platform AuditBoard announced a new out-of-the-box feature that can provide assessments with the new global standards from the Institute of Internal Auditors, which are set to go into ...

A small business's internal control system can only be as strong as the rules, policies and procedures put in place to detect fraud, waste or abuse and protect its financial and physical assets.

The following circumstances are based on a real-life case study. Names were changed for confidentiality. Jane Dosh was the comptroller and a trusted employee at ABC Co.— a small and close-knit family ...