This paper provides evidence from 578 practicing internal auditors related to current internal auditing practices regarding the assessment of management’s tone.
PricewaterhouseCoopers conducted a survey to develop a composite picture of internal audit by 2012.
Students of risk — as all internal auditors should be — might benefit from reading Nassim Taleb’s book, The Black Swan. In January 2009, Taleb and renowned psychologist Daniel Kahneman got together in Berlin, Germany for a heart-to-heart discussion of how attitudes toward risk may have impacted the banking crisis. Taleb notes, “Banks [...]
COSO released its monitoring guidance on February 4, 2009. This business guidance more fully develops the monitoring component of the Internal Control – Integrated Framework to assist companies in ensuring the effectiveness of their financial, operational, and compliance-related internal controls. An Introduction of the Guidance is available at COSO’s website.
Auditing, Accounting and Finance majors at Universities and Colleges throughout the State of Georgia will have a great opportunity, Wednesday, March 4, to get up close and personal with potential employers. The free event, sponsored by KSU and the Institute of Internal Auditors, is open to all juniors, seniors and grad students interested in summer [...]
Last Friday, the Securities and Exchange Commission published a proposed rule laying out a timetable for fully integrating the United States into the world of International Financial Reporting Standards (”IFRS”). IFRS are promulgated by the International Accounting Standards Board, a non-governmental body headquartered in London.
What does this proposed rule mean for internal auditors? At the [...]
The SEC’s complaint against former KBR executive Albert Jackson Stanley might make a riveting cinema screen play. It describes how Stanley, collaborating with others, arranged for the payment of hundreds of millions of dollars to Nigerian government officials in exchange for the right to build several trains in Nigeria designed to transport liquified natural [...]
