Audit & Risk

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Destination designation

in Features

The Chartered IIA is keen to work with organisations that want to ensure all their internal auditors have the right skills to succeed in today’s industry. One of these is Citigroup, which recently launched a training scheme accredited by the institute and put 20 senior internal auditors through the Chartered by Experience route to achieve CMIIA. So what does this look like in practice?
Words: Ruth Prickett

Culture clash

in Features

At the moment everyone in the risk and governance world is talking about “culture”, and quite a few are talking about “risk culture”. Not many can articulate the difference between the two. Why does this matter and what do directors, regulators and all those interested in risk management need to know?
Words: Richard Anderson

News round-up

in News

We round up the latest business and regulatory news to affect the internal audit profession.

Commercialism is it a race to the bottom?

in Features

We don’t want a system where the best and largest organisations are the only ones with specialist, professional teams, while the others settle for an off-the-peg, minimal outsourced service, writes Simon Gascoigne, deputy director of 360 Assurance.

Trump and Brexit: lessons in risk

in Features

It is interesting that The Economist chose to rank the Trump presidency and the Brexit vote as major risks without identifying voter discontent or the economic challenges that created that discontent as risks, says Richard Chambers, president and CEO of IIA Global.

Gold standard – the value of recognition

in Features

Being chartered demonstrates your skills and competence and gives you influence within both your organisation and the wider profession. All dedicated internal auditors should aspire to it, writes Ian Peters, chief executive of the IIA.

Rapid response

in Features

Peter Frost, head of internal audit at Suffolk County Council, is now known as “the man with no plan”. He explains how a rolling planning system has transformed the way he and his team identify and prioritise their audits and what winning the Audit & Risk Award for the best public sector team in 2016 means to them.
Words: Ruth Prickett

High executive pay risks alienating workforce

in News

A wide gap between the median pay of top executives and the median pay of the workforce is demotivating and destabilising, according to a study by the HIgh Pay Centre. Professional bodies including the CIPD and the ACCA are urging organisations and the government to address the problem in 2017.

ICAEW: government must change the way it incentivises exports

in News

Despite a multi-million-pound campaign to encourage more UK businesses to export, the percentage of organisations that export overseas – or plan to do so in future – remains unchanged since 2014. The ICAEW is warning that this is dangerous if, as predicted, domestic demand is likely to fall in the next year.

Guarding the guards

in Features

It’s easy for busy internal audit teams to become so focused on the risks to the wider business that they forget to keep monitoring those that could affect their own performance. This is a big mistake – and teams that scrutinise their own strengths and weaknesses reap many benefits.
Words: Neil Hodge

Exclusive preview: January/February 2017

in Features

Peter Frost, head of internal audit at Suffolk County Council, is now known as “the man with no plan”. He explains how a rolling planning system has transformed the way he and his team identify and prioritise their audits and what winning the Audit & Risk Award for the best public sector team in 2016 means to them.
Words: Ruth Prickett

Exclusive preview: January/February 2017

in Features

It’s easy for busy internal audit teams to become so focused on the risks to the wider business that they forget to keep monitoring those that could affect their own performance. This is a big mistake – and teams that scrutinise their own strengths and weaknesses reap many benefits.
Words: Neil Hodge

Blog

Looking to the future

Ian Peters, chief executive of the Chartered IIA, reflects on a successful three years before embarking on the next three.

Policy Blog

Opinion

Unlocking the true value of internal audit

I have encountered various approaches to delivering internal audit, the one constant being that internal auditors should consistently add value, writes Steve Stanbury, director of internal audit, City University London.

Profile

Banking on change

Metro Bank is doing things differently. While many of its competitors continue to repair their reputations, this challenger bank aims to put customers at the heart of everything it does. Chit Ghee Yeoh, its director of internal audit,explains why she believes culture sets this bank apart.
Words: Brendan Scott
Photo: Charlie Hopkinson

The IIA: find out more

Visit the main IIA site

Jobs

Senior Auditor

Ref: HE/3188
Directorate: Finance & Business Services
Location: Nationwide
Salary: £40,188 - £44,208
Number of Positions: 5
Full-time

Principal Auditor

Salary: £36,937 - £39,660
Permanent – 37 hours
Location: Westgate Plaza One, Barnsley, South Yorkshire

Careers advice

Destination designation

The Chartered IIA is keen to work with organisations that want to ensure all their internal auditors have the right skills to succeed in today’s industry. One of these is Citigroup, which recently launched a training scheme accredited by the institute and put 20 senior internal auditors through the Chartered by Experience route to achieve CMIIA. So what does this look like in practice?
Words: Ruth Prickett

Gold standard – the value of recognition

Being chartered demonstrates your skills and competence and gives you influence within both your organisation and the wider profession. All dedicated internal auditors should aspire to it, writes Ian Peters, chief executive of the IIA.

Chartered by Experience

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

Training & Development

Destination designation

The Chartered IIA is keen to work with organisations that want to ensure all their internal auditors have the right skills to succeed in today’s industry. One of these is Citigroup, which recently launched a training scheme accredited by the institute and put 20 senior internal auditors through the Chartered by Experience route to achieve CMIIA. So what does this look like in practice?
Words: Ruth Prickett

Gold standard – the value of recognition

Being chartered demonstrates your skills and competence and gives you influence within both your organisation and the wider profession. All dedicated internal auditors should aspire to it, writes Ian Peters, chief executive of the IIA.

PwC launches cyber-breach simulation game for executives

Big four consultancy PwC has launched "Game of Threats" – an interactive game to teach senior executives the risks of cyber-attacks and encourage them to test how they would respond in real time.

Tools

Harnessing the power of technology in ERM: driving a continuous and verifiable process

Sponsored content
Some of the greatest strides in the formalisation of enterprise risk management (ERM) have occurred within the past decade – prompted by problems such as the global financial crisis and the increasing threat of cyberattacks. So how do organisations effectively focus on a formalised risk management structure? Workiva's white paper "Harnessing the Power of Technology in ERM: Driving a Continuous and Verifiable Process" suggests some answers.

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 recently asked.

Raising Standards

IIA Global is introducing two new professional Standards and updating some of its existing Standards with effect from 1 January 2017. So what are the changes?