IIA Standards: What Will Change?
IIA Standards: What Will Change? The International Internal Audit Standards (IIA) are undergoing significant changes that will take effect in late 2023. These changes aim to streamline and consolidate […]
Maximizing Internal Audit Success: 12 Tips to Implement Today
As a trusted Internal Audit service provider, we understand the importance of conducting a successful internal audit process. Internal audit is a critical component of any organization’s risk management framework […]
Debunking Common Myths and Misconceptions About Internal Audits
Internal audits are a critical component of a company’s risk management strategy. The purpose of internal audits is to assess the effectiveness of a company’s internal controls, policies, and procedures, […]
Using Data Analytics to Detect Fraud
The impact of fraud on companies is significant, with the Association of Certified Fraud Examiners‘ report revealing that businesses lose 5% of their revenue to fraud each year. Unfortunately, this […]
Integrating Risk Management in Strategic Planning
After the global financial crisis that the world suffered in 2008, companies from different industries considered adopting enterprise risk management strategies to mitigate risks that could threaten their survival. There […]
Evolving Role of IT Auditing in a New Paradigm
By: Ahmad Awad Through the first decade of the 21st century, we have witnessed great progress in technology and huge dependence on high-end information systems for handling the various aspects […]
6 Ways Digitalization Has Revamped the Risk-Based Internal Audit Landscape
The internal audit profession is undergoing a sea of change as technological advancements continue unabated, particularly around tech transformation. A PwC State of the Internal Audit Profession survey report, Moving […]
The Role of Artificial Intelligence in Providing Better Assurance
The Role of Artificial Intelligence in Providing Better Assurance (How Internal Auditors can use AI technologies to provide greater assurance to their organizations) By: Hesham El-Yafi The ever-changing world of [...]