Audit & Risk

Magazine

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Audit & Risk January-February 2017

Highlights include: an interview with Chit Ghee Yeoh, head of internal audit at Metro Bank; how Suffolk County Council ditched traditional audit planning for a rolling system that can respond quickly to a developing risk and won them an Audit & Risk award for best public sector team along the way; advice on how to ensure that you are as rigorously scrutinising your own team's performance as that of the rest of the organisation; and the difference between culture and risk culture.

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Audit & Risk November-December 2016

Highlights include: what do you know about modern slavery and what are leading organisations doing about the new Modern Slavery Act? Three years on - a review of the institute's financial services code; what Kent County Council gained from undergoing two external quality assessments; highlights from the institute's 2016 conference; and hot tips for succeeding at the CIA exam.

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Audit & Risk September/October 2016

Highlights include: With Brexit on the horizon, companies need more assurance than ever; celebrating the winners of the Audit & Risk Awards; corporate strategy may not be familiar ground for internal audit, but the function has an important part to play; plus much more.

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Audit & Risk July/August 2016

Highlights include: In conversation with former Shadow Chancellor Ed Balls ahead of Internal Audit 2016; the Chartered IIA's culture report findings; tax audits post-Panama Papers; internal audit in the charity sector has never been more necessary; a rundown of how organisations and their internal audit functions should begin to approach cyber security.

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Audit & Risk May/June 2016

Highlights include: Speaking with Nicola Horlick ahead of the Chartered IIA's annual conference - Internal Audit 2016; Saleem Chowdhery, director of group internal audit at the Co-operative Group, on returning a British institution to its former glory; last call for the Audit & Risk Awards; how internal audit is bracing for Brexit; inside the NHS; a look at the rise of internal fraud.

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Audit & Risk March/April 2016

Highlights include: Audit & Risk Awards nominations are now open; how companies approach insurance and where internal audit fits into the picture; a sit-down with Jon Whitfield, chief executive of the Government Internal Audit Agency; how internal audit can help companies in their quest for innovation.

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Audit & Risk January/February 2016

Highlights include: How internal auditors should be approaching supply chains; in conversation with Niall Kelly, head of internal audit at An Garda Síochána; a look at the institute’s new financial services sector advisory panel; how to take over an internal audit team; Audit & Risk Award winner Lucy Cater on scooping the prize for Inspirational Leader, Public Sector.

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Audit & Risk November/December 2015

Highlights include: Madina Bazarova, associate director at The Consultative Group for International Agricultural Research, on auditing development projects; a round-up of the Chartered IIA's annual conference; setting up an audit function from scratch; what United Utilities learned from its external quality assessment; the close ties between HIAs and company secretaries.

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Audit & Risk September/October 2015

Highlights include: full supplement on the winners of the 2015 IIA Audit & Risk Awards; IIA annual overview; Institute of Business Ethics advocates role of internal audit in checking culture; IA and the Libor scandal.

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Audit & Risk July/August 2015

Highlights include: Phil Gerrard, head of internal audit at Rolls-Royce on the importance of an internal audit philosophy; a comparison of different internal audit models; what you could gain from volunteering as a non-executive director at a charity; lessons in improving audit follow-up actions from the Civil Aviation Authority; what Mid-Kent Audit gained from an external quality assessment; a preview of the IIA annual conference.

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?