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

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

What every director should know

Two years after its first publication, the IIA has published an updated and revised version of its "What Every Director Should Know" guide. So what's changed and who should read it?

A global future

Our recent announcement of our agreement with IIA Global to introduce the CIA certification and the new Qualification in Internal Audit Leadership (QIAL) has benefits for all members. It’s a step that will not only provide student members with a more flexible exam system and a globally recognised certificate, but will also add a new senior-level qualification for heads of internal audit. So what will this mean for you?

Training: drivers of positive change

I need to be sure that everyone works to the same standard, no matter what other qualifications they hold or what professional field or country they come from, says
Mark Carawan, chief auditor, Citigroup

Tools

What every director should know

Two years after its first publication, the IIA has published an updated and revised version of its "What Every Director Should Know" guide. So what's changed and who should read it?

Q&A: 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.

Top tips for managing social media risk

The FCA is drafting guidelines to help financial services organisations deal with their increasing use of social media. Much of the advice will also be useful for those in less strictly regulated sectors. So what areas should organisations be considering now? James Leavesley, CEO of CrowdControlHQ gives his top tips.