The great majority of chief audit executives acknowledge that the internal audit function at their organization needs to be improved, according to a new survey. The survey, by Ernst & Young, polled ...

Forbes contributors publish independent expert analyses and insights. Robert Eccles writes about sustainability in the capital markets. This article is more than 3 years old. The internal audit (IA) ...

The AICPA Auditing Standards Board’s (ASB’s) plans to finalize a new risk assessment standard at its August meeting should be welcome news for many practitioners. Risk assessment is a fundamental ...

The annual risk assessment is a is a collaborative undertaking by UW Internal Audit and UW Risk Management and serves as an important piece of the Enterprise Risk Management framework. It provides ...

No matter what internal audit gets called to do, there will always be a cadre of misguided executives and board members who ...

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is set to require trust entities to regularly conduct an internal audit to assess their respective operational management, risk management, ...

Security terms are sometimes confusing. And like all expressions, sometimes the definition can get subtly changed over time. An example of this is “security assessment” versus “penetration test”. I ...

Even in the face of costly and embarrassing corporate security breaches, one in four companies fails to conduct any IT risk assessment. And 42% say there are areas of their information technology ...

Taxes are the lifeblood of the country, the key to the survival of a developing economy. By reason of their utmost importance, the Bureau of Internal Revenue (BIR) has the significant task of ...