Audit & Risk

Best of the web

Our regular round-up of articles on key internal audit and risk management issues.

in News.

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Cloud maturity study results revealed

Government regulations, exit strategies and international data privacy are the key areas in which confidence in the cloud is lowest, according to a survey by Cloud Security Alliance and the Information Systems Audit and Control Association.
The full findings are available at www.isaca.org/cloud-market-maturity

PwC issues guide to tackling the unexpected

PricewaterhouseCoopers has published a paper entitled “Coping with the unknown: risk management strategies for an uncertain world”. It offers innovative strategies aimed at dealing with unexpected risks.
To read the report, visit http://pwc.to/PgBfHS

Business continuity provider announces invocation data

Phoenix has published its annual invocation statistics for January to December 2011. The data shows the number of business continuity plans invoked by its clients and their reasons for doing so.
For more information, visit www.phoenix.co.uk

Anti-fraud consultancy publishes guidance

The special interest group for corporate fraud prevention at UKFraud has drawn up a set of benchmarks designed to help organisations manage the increasing risk of fraud.
For more information, visit bit.ly/Tu1Q5G

The IIA: find out more

Visit the main IIA site

Jobs

Head of Internal Audit

Based in either Croydon or Sittingbourne.
Salary c£60,000 per annum plus benefits, inc. car allowance.

Senior Auditor

Yorkshire
£35,000-44,000 + bens. Sector: Financial Services. Ref: DJ/32540

Careers advice

Moving up

Two former heads of internal audit explain what the role taught them and how it helped to prepare them for a seat on the board.

Every secondment counts

If you are offered a temporary work placement with another employer – perhaps even in a different function from internal audit – you’d be well advised to jump at the chance. So says Chris Monk, whose organisation, Uniac, and its staff have long reaped the benefits of secondments.

The inbetweeners

Historically a stopgap for internal auditors searching for a more permanent role, interim management is now more likely to be the consequence of a positive and actively chosen career path. Why has it become such a growth area? Barclay Simpson's Andy Whyte explains.

Training & Development

Challenging conversations are habit-forming

“Any challenging conversation needs to be handled with care because people need to be handled with care. Forget this at your peril,” says Adrian Thompson, chief internal auditor, Norfolk County Council.

Q&A

Our technical helpline provides valuable advice to members on a host of professional issues. Here are some of the questions you’ve submitted recently.

Erratum: Audit & Risk

In the November/December 2012 edition of Audit & Risk magazine, an error appeared in the listings of the IIA members who were successful in the June 2012 exams.

Tools

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 submitted recently.

A world of knowledge

The IIA is always working to produce guidance aimed at helping internal auditors to stay at the cutting edge of best practice. Pauline Scott, technical coordinator, reports on the technical team’s recent work to support members.

EQA FAQs

The institute’s technical manager, Chris Baker CMIIA, explains the value of an external quality assessment, what happens during the review process – and how best to prepare for one.