Audit & Risk

Latest

Home Office to launch anti-fraud taskforce

in News

The Joint Fraud Taskforce will include Financial Fraud Action UK, the City of London Police, National Crime Agency, Bank of England, fraud prevention agency Cifas and chief executives of the major UK banks.

Cyber risk: CEOs blind to impact on their brands

in News

New research also shows that less than a third of UK organisations rate their cyber resilience as high, and only 36 per cent are confident in their ability to recover from a cyber attack.

Practical approaches to auditing culture

in Features

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.

Top ten risks to watch for in 2016

in Features

Heads of internal audit must stay on top of emerging risks and respond accordingly. Ian Beale, audit and compliance principal executive advisor at CEB, weighs up the top ten risks cited by chief internal auditors globally.

Audit & Risk Awards: winning formula

in Features

The Audit & Risk Awards 2016 are now open for nominations. We spoke to one of last year’s winners, Lucy Cater, deputy head of internal audit at Audit Cotswolds, about her victory.

Financial adviser

in Features

Building on its success with the financial services code, the Chartered IIA has launched a new sector advisory panel. What is the purpose of the initiative and how exactly will it serve your needs?

Pride of place

in Features

Taking over as the head of an established internal audit team can be challenging. How do you assert your leadership, assess the need for change, get the new team on board with your vision and smooth the ruffled feathers of team members who applied, unsuccessfully, for your job? We asked three recently appointed HIAs and a leadership expert for their thoughts.

The value of internal audit in a troubled world

in Features

Geopolitical events should be treated as potential risks, not only for the businesses but more importantly for the safety and security of the people in our organisations, writes Richard F Chambers, president and CEO of IIA Global.

Blog

Bridging the trust deficit

At a time when public confidence in corporate governance is weak, internal audit can make a real difference in ensuring that a healthy organisational culture is prevalent, writes Ian Peters, CEO of the Chartered IIA.

Policy Blog

First impressions: Leading the way on culture

The Chartered IIA is joining a coalition that will help boards take effective action on culture, at a fascinating time for the internal audit profession, writes policy director Alisdair McIntosh.

Opinion

Effective audit: inspiring change

“Internal audit agency is a rare phenomenon, and internal auditors who challenge the status quo are the exception rather than the rule. Inspiring others to change may be the best avenue to success,” writes Dr Rainer Lenz, head of corporate audit at Villeroy & Boch.

Profile

Watching the watchmen

The internal audit function of Ireland’s An Garda Síochána was formerly staffed entirely by uniformed officers. Internal audit chief Niall Kelly describes how the function has been transformed to better reflect its vital role.

The IIA: find out more

Visit the main IIA site

Jobs

Audit Manager

Location: London
Salary: To £85,000+bonus+bens
Job Ref: DF/123520

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

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.

Can you plan for black swans?

Given that "black swan" events are unpredictable, is it possible to protect your company against them? The answer is no – but you can plan for the consequences, according to Bill Waite, group chief executive of The Risk Advisory Group.