Internal audit functions lose budget bucks and headcount

But internal audit departments that gel with wider enterprise priorities are more likely to get the funding they need, according to a new survey.
JournalofAccountancy

Implementing a New Audit Function

Please note: This item is from our archives and was published in 2004. It is provided for historical reference. The content may be out of date and links may no longer function. As a follow-up to the ...
The Business Journals

Three reasons to add an internal audit function to your company

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. The creation of an internal audit function is often viewed ...
Accounting Today

Internal auditors see staff and budget cuts increasing

Internal auditors are reporting more cuts in their staffing and budgets, according to a survey by the Institute of Internal Auditors' Internal Audit Foundation.
Accounting Today

Internal audit faces a critical decade ahead

Earlier this summer I had the pleasure of presenting The IIA Internal Audit Foundation's newly released Vision 2035 project alongside our newly appointed chair of the Global Board of Directors, Terry ...
Times of Malta

Internal audit functions still not up to scratch – EY report

Eighty per cent of organisations acknowledge that their internal audit function has room for improvement, an Ernst & Young report has found. With risk, control and compliance becoming increasingly ...
Houston Chronicle

What Is the Function of an Accounting Audit?

An accounting audit performs a necessary function of assuring that a company not only is being truthful in its financial reporting but also that the company's operations are working as intended.
Daily Monitor

An organisation’s internal auditing function must be independent

For any business or organisation, there will always be risks that could ultimately tarnish its reputation, dampen stakeholder confidence or in worst case scenario, sink the organisation/business. Top ...
JD Supra

Proposed Nasdaq Rule Would Require an Internal Audit Function at All Listed Companies

The NASDAQ Stock Market LLC (Nasdaq) recently filed with the Securities and Exchange Commission (SEC) a proposed rule 1 requiring listed companies to establish and maintain an internal audit function.
JD Supra

Convergence of Audit and Compliance Functions

Humans have a tendency to make things more complicated than they really are. To capture the flavor of my sentiment, all you need to do is watch the beginning scenes of “History of the World, Part I” ...
The News International

Auditing the auditors?

In two previous articles I wrote on accountability and the Public Accounts Committees (PACs) for these pages, I had discussed the critical need for rebuilding Pakistan’s system of parliamentary ...