It’s time for a new approach to internal audit

The Opportunity for a New Breed of Entrepreneurial Auditor

Posted by - June 8, 2016
In this article, Dan Zitting, Chief Product Officer at ACL, gives an in-depth analysis of the future of the traditional auditor, offers tips for innovation and progress in the industry, gives transformation examples from the field and explains a three-fold mandate for innovation and forward progress in the audit, risk…
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The Obsolescence of the Traditional Internal Auditor

Posted by - June 6, 2016
As advances in data management and analytics make organizational data more accessible, internal audit must evolve or be rendered irrelevant. In this article, Dan Zitting, a globally recognized leader in data analysis, will illustrate this shift — what it means for internal audit leaders and how to embrace the change…
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The quality of an audit corresponds directly to its value

Ensuring a High-Quality Audit – Who is Responsible?

Posted by - March 24, 2016
The SEC has recently brought cases against national audit firms for audit failures – the first since 2009. This development signals a shift among regulatory agencies to hold financial gatekeepers more accountable. Candela Solutions’ Ron Kral offers five tips to help firms achieve maximal value from the external audit process.
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a change in PCAOB standards may pose challenges for auditors

How the PCAOB AS #18 Impacts Audit

Posted by - February 23, 2016
The Public Company Accounting Oversight Board has introduced a new auditing standard, AS-18, which is likely to present some challenges for companies – and their auditing committees in particular. In short, AS-18 is meant to enable auditors to best handle “related parties,” but this means more work than making basic…
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No Internal Audit Function? Investors Beware!

Posted by - July 23, 2015
The trickiest part of investing is determining WHERE to invest. And while a company's financial performance is top of mind for potential investors, it by no means should be the only factor considered. Remember, corporations taken down by scandals crash and burn from what looked like sure financial footing. Those…
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Deloitte Survey Finds Companies Underprepared and Lacking Confidence to Protect Against and Respond to Reputation Risks

Posted by - October 30, 2014
Survey shows reputational issues have a strong impact on customer confidence, brand value, and a company’s bottom line New York, Oct. 28, 2014 – The majority of global companies (76 percent) are confident that their reputations are strong, according to the 2014 Reputation at Risk survey conducted by Forbes Insights on behalf…
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PWC: Metrics By Design

Posted by - September 23, 2014
A Practical Approach to Measuring Internal Audit Performance At a glance Expectations of Internal Audit are rising.  Regulatory pressure is increasing.  Budgets are tightening.  Internal audit scope is expanding.  In this environment, Internal Audit must always start with delivering increased value, but must also demonstrate its value to the organization…
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