Audit & Risk

New risk management framework published

ALARM, the public sector risk management association, has published a competency framework to describe the skills and attributes needed to carry out risk management roles.

in Tools.

The framework highlights specific competencies at each stage in the risk management process that may form a useful resource for internal auditors reviewing the effectiveness of risk management. 

A report by CASS Business School published on behalf of AIRMIC provides a study of major risk events: their origins, impact and implications. An executive summary and briefing is available from the AIRMIC website

The devastation of the earthquake in Japan this April took most people by surprise and few were prepared for the consequences. Businesses heavily reliant on the global supply chain found themselves without essential components. 

BSI has issued a free publication that illustrates the main ways standards can assist with business continuity and risk. Download the publication here. 

The IIA: find out more

Visit the main IIA site

Jobs

Principal Auditor 

Salary: Starting salary £37,547 per annum
Contract Type: Permanent Full Time
Number of Hours: 37 hours per week
Location: Maidstone 
Closing Date: 20-May-2016 
Reference Number: 16001017 

Head of IT Audit

Location: Swansea
Sector: Government
Salary: To £65,000+bens
Job Ref:DF/142690

Careers advice

Chartered by Experience

There is a new route to becoming a chartered internal auditor: Chartered by Experience.

Room to grow

If you feel stuck in your role or sector, yet are keen to progress in an internal auditing career, what are your options? You could become a non-executive director or contribute your experience to higher education, suggests Ann Brook CFIIA.

Time to volunteer

Rachel Bowden, chair of the IIA’s Guidance Working Group, explains why she started volunteering and what she has gained from the experience.

Training & Development

CPD: work in progress

Staying up to date is essential if you want to have a successful career in internal audit – and the IIA’s CPD competency framework is designed to help.

Tap into a rich resource

The IIA's website has loads of useful and important resources for members and the institute is committed to improving services by putting digital at its heart. So what is available – and where can you find it?

Tools

Mapping the road to assurance

Assurance maps are a vital tool that guide internal audits and give audit committees peace of mind. Sandie Dawson, director at Dawson Corporate Advisory, offers insight into effective assurance mapping.

Practical approaches to auditing culture

Corporate culture is high on audit committees' agendas, but few understand what to look for and how to measure something as nebulous and intangible as culture. Alexander Glebovskiy, internal auditor at an FCA-regulated firm, shares his advice.

Need for speed: risk velocity in control design

The importance of velocity as a risk assessment factor has been widely acknowledged by the risk management community in recent years. But so far the profession has largely failed to agree on a meaningful concept for measuring and weighting velocity as a risk factor. Maybe a simplistic approach can help, write Matt Rigby and Christian Thurow.