Internal auditor at a major bank: “In the US they can be very unco-operative”
The Guardian, 26 July 2012
Joris Luyendijk talks to an internal auditor about long hours – and how seniority and levels of job security affect levels of co-operation. This monologue is part of a series in which people across the financial sector speak about their working lives.
Internal audit’s approach to risk needs upgrading
CFO Magazine, 3 August 2012
As internal audit takes on a greater role in evaluating business-relevant risks, audit chiefs say risk-assessment processes and other risk-related functions need enhancing.
Four steps to formalise internal audit’s strategic impact
CGMA Magazine, 2 August 2012
Internal audit isn’t just about compliance anymore. Increasingly, the function’s role is being incorporated into the broader business strategy – from mulling over major capital projects to advising on mergers and acquisitions. But executives say they need to do a better job of formally describing the role internal auditors will play in charting the course of the business.
Fraud inquiry threat to Barclays over Arab bailout
The Independent, 9 August 2012
City watchdogs are collaborating with the Serious Fraud Office (SFO) as part of an investigation into Barclays' bailout by the Middle East, The Independent has learnt. This could lead to an investigation being launched by the fraud policing agency. Barclays announced, when it released its interim results at the end of last month, that its finance director Chris Lucas was one of four "current and former" employees under investigation by the Financial Services Authority (FSA).