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

Internal Auditor

£34,000 - £38,000 (band 6)

plus £3300 Inner London Weighting Allowance

(London base: occasional travel in the UK)

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

Prize performance

Abigail Francis, principal auditor at Mazars, won this year’s Charles Duly Prize for the best aggregate performance in the IIA Diploma exams. She explains how she did it.

IIA awards prizes

Each year the IIA awards prizes to the students who have passed all their exam papers first time and achieved the best aggregate results. This year Steven Eldridge, senior internal auditor at Mazars, won the Peter Hook Prize for best performance in the IIA Advanced Diploma exams.

High performers: the IIA HIA conference round-up

The IIA’s heads of internal audit conference took place on 30 October. Speakers discussed topics on the theme of High performing internal audit: a fresh perspective. We round up a few of the subjects covered.

Tools

Ten tips for data breach security

Data breaches can cost millions and cause terrible damage to a company's systems, business, reputation and, potentially, customers. Benny Czarny, CEO of Opswat, offers his top ten tips for reducing the risk of a breach.

Fighting fires – how IA can help prevent arson

Nearly half of all fires in the UK are caused by arson, but many organisations pay little attention to the threat and the risks it presents. What can internal audit do about it, asks Christian Thurow.

Conquering compliance

What are your business’s top compliance wishes and can they come true? We asked the experts at Symantec.