Audit & Risk

News

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News round-up

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

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High executive pay risks alienating workforce

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.

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ICAEW: government must change the way it incentivises exports

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.

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RiskMap 2017: a year of "acute" uncertainty ahead

Brexit, the Trump presidency of the US and continuing political instability in many parts of the world mean that 2017 is likely to see many increased risks for businesses and a rapidly changing regulatory and competitive market, according to the 2017 RiskMap by Control Risks.

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Global survey reveals boards' top ten risks for 2017

Executives across the world believe that economic concerns will affect their businesses more severely in 2017 than in previous years, however, most are not planning to invest more in risk management, according to a survey by Protiviti.

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Top IT predictions 2017

Innovation and regulatory changes will drive investment in cloud, PaaS and bimodal IT, predicts Matthew Finnie, CTO of Interoute.

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50 forces leading change in the public sector

A new report by the ACCA highlights 50 factors including economic growth, the quality and availability of talent and the responses of business leaders to change as the critical factors driving change in the public sector globally.

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?