Audit & Risk

Latest

Top tips for recruiting new staff

in Features

The UK is returning to growth and many organisations are starting to expand after a long period of retrenchment. Recruiter Beatrice Bartlay offers some top tips for recruiting new staff - and avoiding expensive mistakes.

Videogame firms set innovation example

in News

Organisations that seek to foster technological innovation could learn lessons from the videogame industry, according to new research from HEC Paris business school.

New rules on tribunals

in News

Since 6 April, anyone wishing to issue an employment tribunal claim must first contact ACAS to consider conciliation. If they do not, their claim will be rejected. Emma Hamnett, senior associate at law firm Clarke Willmott, considers the key changes for employees and employers.

Sharp rise in corporate risk appetite

in News

Respondents to Deloitte's Q1 2014 CFO Survey report a rise in confidence in the UK, US and eurozone economies and an increased appetite for borrowing and risk.

National cyber strategy: call for feedback

in News

BIS is seeking feedback on a draft assurance framework for its Cyber Essentials Scheme, aimed at providing a universal standard of organisational cyber security. The scheme will launch this summer.

NAO delivers verdict on Royal Mail sale

in News

The government achieved its objective of floating Royal Mail, however its cautious approach to pricing and failure to hold on to more shares until after the float means that it failed to benefit from subsequent rapid increases in share value, according to a report by the National Audit Office.

“Internet of things” escalates hacking risk

in News

Up to 50 billion devices will be connected to the internet by 2020 and, unless manufacturers find a way to ensure that these are fitted with security features that can be automatically updated, this could expose households and businesses to far greater risks from hackers.

How to conduct an effective walkthrough meeting

in Features

Walkthrough meetings can be useful tools to identify whether managers on the front line understand and put into practice the correct controls, but you need to conduct them properly. Leo Mucheriwa CMIIA explains.

Financial regulators told to stem brain drain

in News

The NAO is warning that the two new financial services regulators need to demonstrate that they are achieving value for money for financial services customers and that current staff turnover could threaten their success.

New guidance for audit committees

in News

The ACCA has published guidance based on the practices of FTSE 100 companies to help organisations improved transparency over the way they manage relationships with external auditors.

Partnering with TeamMate

in Features

“Internal audit isn’t about the systems
you use, it’s about having the information
you need to influence senior management to
improve the control environment,” says
Jonathan Chapman, audit director at Aviva.

Blog

Integrated reporting: accelerating change

“However fast the integrated reporting framework is adopted, it will play to the strengths of a well-resourced, appropriately positioned and influential internal audit function,” says Ian Peters, chief executive of the IIA.

Policy Blog

What is organisational culture?

What is organisational culture? Why is it important? What has internal audit got to do with it? asks David Lyscom, policy director at the IIA.

Opinion

One-man band: sharing is vital

“Working with no staff has a number of advantages and disadvantages. It means that you have hands-on experience of, potentially, every aspect of the organisation you work for,” says John Collier PIIA, head of audit and risk management, the Economist Group.

Profile

Survival guide

How can you ensure that organisations assess and report on the things that really tell stakeholders whether they are likely to thrive in the long term? Professor Mervyn King explains his long involvement in corporate governance and why, as chair
of the International Integrated Reporting Council, he is now committed to changing the way we understand our companies.
Words: Ruth Prickett
Photographs: Peter Searle

The IIA: find out more

Visit the main IIA site

Jobs

Senior Auditor

Tower Hamlets, Grade: PO4 - £38,229 - £40,911,

Careers advice

Time to volunteer

Rachel Bowden, chair of the IIA’s Guidance Working Group, explains why she started volunteering and what she has gained from the experience.

Talent: in search of the Holy Grail

“A German colleague at Zurich introduced me to the term ‘Eierlegende Wollmilchsau’ – literally an egg-laying, woolly, milk-producing pig. This is the impossible person we’re all looking for,” says Mike Taylor, head of global internal audit at Experian.

Outside information

Once upon a time, internal auditors started life in accountancy or IT. However today’s IAs come from a much wider range of backgrounds. We asked a diverse handful of these new auditors about their motivations, the challenges and the opportunities inherent in the change, and what expectations they bring to the role.
Words: Wilma Tulloch
Illustration: Paul Blow

Training & Development

Time to volunteer

Rachel Bowden, chair of the IIA’s Guidance Working Group, explains why she started volunteering and what she has gained from the experience.

Q&A: you asked us

Our technical helpline provides valuable advice to members on a host of professional issues. Here are some of the questions you’ve submitted recently.

Beyond the comfort zone

If you feel like doing something different, why not volunteer to work with an organisation in a developing country? John Fallon, associate director, audit and assurance, at Grant Thornton Australia, talks about his experiences – and the unexpected rewards – of working with Accounting for International Development (AfID).

Tools

Top tips for recruiting new staff

The UK is returning to growth and many organisations are starting to expand after a long period of retrenchment. Recruiter Beatrice Bartlay offers some top tips for recruiting new staff - and avoiding expensive mistakes.

New rules on tribunals

Since 6 April, anyone wishing to issue an employment tribunal claim must first contact ACAS to consider conciliation. If they do not, their claim will be rejected. Emma Hamnett, senior associate at law firm Clarke Willmott, considers the key changes for employees and employers.

How to conduct an effective walkthrough meeting

Walkthrough meetings can be useful tools to identify whether managers on the front line understand and put into practice the correct controls, but you need to conduct them properly. Leo Mucheriwa CMIIA explains.