Audit & Risk

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The clock is ticking...

in News

There is less than one month to go before the close of nominations for the annual Audit & Risk Awards, brought to you in association with Mazars, so make sure that you have made your submissions before the 1 June deadline by heading to auditandrisk.org.uk/awards2016.

Exclusive preview: Audit & Risk May/June

in Features

On 23 June the UK will decide its fate as either a committed member of the European Union or a sovereign state unto itself. With British business at a crossroads, we consider how companies and internal audit can mitigate this risk by planning ahead.

Exclusive preview: Audit & Risk May/June

in Features

After a challenging period the Co-operative Group is returning to its former glory. For Saleem Chowdhery, the Co-op’s director of group internal audit, the work’s not over just yet.

Concerns for whistleblowers under new EU law

in News

The purpose of the Trade Secrets Protection Act is to protect European companies from corporate espionage committed by competitors in other parts of the world, but some have warned that journalists and whistleblowers may fall foul of the law if they publish information that’s considered secret.

Audit & Risk awards: your questions answered

in News

Now in their second year the Audit & Risk awards, sponsored by Mazars, are well under way. Since we launched we have received a number of questions about the nomination process and so have decided to answer them for you here. If you have any further queries, please get in touch. Otherwise, head to the nomination form and enter before it’s too late.

Who Owns Enterprise Risk?

in News

Sponsored content
The mainstreaming of ERM (Enterprise Risk Management) in 2016 is raising concerns in the audit profession about who owns risk across the organisation. Ideagen’s latest white paper examines this anxiety and the circumstances and trends that are causing it.

Risky business

in Features

How can internal audit make sure that an organisation is using its insurance in the best way and isn’t simply maintaining traditional policies in areas that have always been covered? We asked five experts about their approach to insurance and how internal audit should engage.
Words: Wilma Tulloch

Blog

Stronger united

Institute membership is about much more than access to resources, it gives internal audit a unified voice and upholds a code of ethics, writes Ian Peters, CEO of the Chartered IIA.

Policy Blog

Time to review the financial services code

The Chartered IIA's code for effective internal audit in the financial services sector is set to be reviewed. Early signs of adoption have been overwhelmingly positive, writes policy director Alisdair McIntosh.

Opinion

Internal audit: the long view

Over the years internal audit in banking has migrated from inspection towards adding value and helping organisations to develop a better culture, writes John Wright, an audit committee chair and the former chief executive of Clydesdale & Yorkshire Banks.

Profile

Close co-operation

After a challenging period the Co-operative Group is returning to its former glory. For Saleem Chowdhery, the Co-op’s director of group internal audit, the work’s not over just yet.

The IIA: find out more

Visit the main IIA site

Jobs

Principal Auditor 

Salary: Starting salary £37,547 per annum
Contract Type: Permanent Full Time
Number of Hours: 37 hours per week
Location: Maidstone 
Closing Date: 20-May-2016 
Reference Number: 16001017 

Careers advice

Chartered by Experience

There is a new route to becoming a chartered internal auditor: Chartered by Experience.

Room to grow

If you feel stuck in your role or sector, yet are keen to progress in an internal auditing career, what are your options? You could become a non-executive director or contribute your experience to higher education, suggests Ann Brook CFIIA.

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.

Training & Development

CPD: work in progress

Staying up to date is essential if you want to have a successful career in internal audit – and the IIA’s CPD competency framework is designed to help.

Tap into a rich resource

The IIA's website has loads of useful and important resources for members and the institute is committed to improving services by putting digital at its heart. So what is available – and where can you find it?

Tools

Mapping the road to assurance

Assurance maps are a vital tool that guide internal audits and give audit committees peace of mind. Sandie Dawson, director at Dawson Corporate Advisory, offers insight into effective assurance mapping.

Practical approaches to auditing culture

Corporate culture is high on audit committees' agendas, but few understand what to look for and how to measure something as nebulous and intangible as culture. Alexander Glebovskiy, internal auditor at an FCA-regulated firm, shares his advice.

Need for speed: risk velocity in control design

The importance of velocity as a risk assessment factor has been widely acknowledged by the risk management community in recent years. But so far the profession has largely failed to agree on a meaningful concept for measuring and weighting velocity as a risk factor. Maybe a simplistic approach can help, write Matt Rigby and Christian Thurow.