Audit & Risk

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You asked us

in Tools

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

Speaker’s corner

in Tools

Sara I James reveals the inspirational line-up for the Irish and Scottish conferences.

Good, better, best?

in Features

A new IIA report into how organisations are adapting to its financial services code has produced a wide variety of responses and many examples of good practice relevant to those in non-financial organisations as well as to others in the sector.

IIA review of the year

in Features

Ian Peters, chief executive of the IIA, reflects on what the institute has achieved and delivered during 2013/14.

Service with a smile?

in Features

Customer service is increasingly what separates high-performing companies from also-rans. So what should organisations be doing about it? How can internal auditors assure the board that customer service won’t let them down? Equally, how should organisations structure for the delivery
of superlative customer service?
Words: Wilma Tulloch

News round-up

in News

A selection of the latest news stories relating to internal audit.

International conference round-up

in 2014 International Conference

The scope of the global conference was clearly set out by The Prince of Wales’s
opening video message. The Prince talked about the broadest global risks facing humanity and called on internal auditors to bring these to the corporate boardroom.

Opinion forming: judging the annual report

in Features

“If your audit committee does not expect internal audit to offer an opinion on whether the annual report is fair, balanced and understandable, it may be worth asking why not,” says Steve Humphries, chief internal auditor, SABMiller.

Workforce diversity: aid to innovation

in Features

“Having a diversity of perspectives can lead to better decision making and more relevant internal audit recommendations – and it also makes our work that much more interesting,” says Richard F Chambers, president and CEO of IIA Global.

New fines for companies that fail to prevent crime

in News

The attorney general has announced that the government intends to widen existing anti-bribery laws to enable it to fine organisations that fail to prevent other types of economic crime such as fraud and money-laundering.

How to deal with insider fraud

in Features

Insider fraud can damage a company's reputation as well as its pocket. Ensuring a properly structured approach to your investigation is key to extracting the relevant information quickly and effectively, as well as preserving the ability to rely on it in any proceedings which may follow.
By Jamie Curle, Sarah Ellington and Maria Scott at DLA Piper.

Exclusive preview: Audit & Risk September-October

in Features

Customer service is increasingly what separates high-performing companies from also-rans. So what should organisations be doing about it? How can internal auditors assure the board that customer service won’t let them down? Equally, how should organisations structure for the delivery
of superlative customer service?
Words: Wilma Tulloch

Blog

Conference success: indicator of progress

“Growth in membership, and the conference’s success, reflect a growing expectation that internal auditors have a key role to play in shaping the long-term success and accountability of organisations,” writes Ian Peters, CEO of the IIA.

Policy Blog

Building effective internal audit: top tips

David Lyscom, policy director at the IIA, explains the findings and key points that have emerged from the latest IIA report – "Building effective internal audit, putting the pieces together".

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

Learning curve

They say that true job satisfaction comes from achievable goals. Julian Wynter explains why he hopes that a new IIA accreditation programme will help the internal audit team at Standard Chartered Bank achieve its aspirations.
Words: Ruth Prickett Photographs: Peter Searle

The IIA: find out more

Visit the main IIA site

Jobs

Internal Auditor

London
Up to £40,000 + Bens, Ref: 68950/msb

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

Speaker’s corner

Sara I James reveals the inspirational line-up for the Irish and Scottish conferences.

Insurance sector faces dearth of qualified internal auditors

PKF Littlejohn recently published findings from a survey to identify the challenges faced by HIAs in the London insurance market in implementing the IIA’s guidance "Effective Internal Audit in the Financial Services Sector". The researchers expected to find that the skills needed to audit the new Solvency II regulatory regime, and areas such as actuarial and IT, would be highlighted, but they were surprised to discover wider concerns about an overall lack of resources and talent.

Top students win prizes

The IIA awards two prizes annually to the students who have passed their exams first time with the highest aggregate marks. The 2013 awards went to Catherine Mills, who won the Charles Duly prize for her performance in the IIA Diploma exams, and Joanne Clewes, who won the Peter Hook prize for her results in the IIA Advanced Diploma exams.

Tools

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.

Speaker’s corner

Sara I James reveals the inspirational line-up for the Irish and Scottish conferences.

Chartered by Experience

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