Audit & Risk

Resource review: September 2012

A round-up of some of the guidance and reports that have been published on corporate governance and risk management issues in the past month.

in Tools.

Article Image

Deloitte: “Risk monitoring is not yet being widely embraced”

A new Deloitte and Forbes Insights survey has found that fewer than 25 per cent of executives report that their organisations continuously monitor risk.
For more information, go to: http://bit.ly/OuTLyZ

New book on ERM

The IIA research Foundation has issued a new book called “Enterprise Risk Management: Achieving and Sustaining Success”. It provides a roadmap for all internal auditors, regardless of their ERM expertise, to translate complex ERM concepts into concrete guidance that internal auditors find straightforward and practical.
For more information, go to: http://bit.ly/PYgGoi

Big data analytics can help reduce cyber security risks

A new report called “Data Analytics for Information Security – From hindsight to insight” by the Information Security Forum (ISF) says that “big data” analytics has the potential to reduce the growing number of cyber security risks and increase business agility.
To access the report, go to: http://bit.ly/OCn82b

Enterprise risk management for cloud computing

The Committee of Sponsoring Organisations of the Treadway Commission (COSO) has published a new thought paper entitled “Enterprise Risk Management for Cloud Computing” in response to the growing number of organisations using cloud computing to store data.
To download the paper, go to: http://bit.ly/KzFaBS

The IIA: find out more

Visit the main IIA site

Jobs

Senior Auditor

Bedford
£30,851 - £33,661, Part-time, 18.5 hours per week, Quote ref: P000563

Internal Auditor

Greater Manchester
Salary between £24,671 and £41,954

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.