“What role should internal audit play in relation to whistleblowing, in helping to support employees to highlight control weaknesses, malpractice and criminality?” asks Ian Peters, CEO of the IIA.
The new public sector internal audit standards create a solid platform for the development of the profession at a time of immense change in service delivery, governance structures and processes, writes Ian Peters, CEO of the IIA.
The growth of the internal audit profession depends on the discourse, development of common understanding and sharing
of best practice through international connections and contacts, says Ian Peters, chief executive of the IIA.
The IIA is delighted to be able to announce the launch of the first code of guidance specifically aimed at enhancing the application of the institute’s international standards in the financial sector, writes Ian Peters, chief executive of the IIA.
“If the result of the Salz review is a sounder corporate environment at Barclays there may be lessons for other organisations, regardless of their sector. So where does internal audit feature in this?” says Ian Peters, CEO of the IIA.
Are supplier risks high enough on your companies risk register? Ian Peters, CEO of the institute, looks at what internal audit can do to raise the profile of supply chain risks in businesses.
Two tangible results have emerged from our strategy of engaging with policy-makers, regulators, business chiefs and leaders of the internal audit profession in financial services and the public sector, says Ian Peters, CEO of the institute.
It is essential that the institute receives your views on the draft code of practice for internal audit in the financial services sector, says Ian Peters, chief executive of the IIA.
“Like Dickens, we are living in an era of significant transition. Consequently there are high ambitions for our profession as a key tool of good corporate governance to win back confidence,” says Ian Peters, chief executive of the IIA.
As expectations of internal audit rise, so does the need to assess its capabilities. But how many internal audit teams are systematically reviewing their skills, practices and processes as the demands of the control environment increase?