A survey conducted at the recent Institute of Internal Auditors annual conference by Protiviti has revealed that ⅔ of IA professionals believe their department is under-resourced and therefore unable to adequately carry out their duties.
Protiviti’s take is that due to increased expectations of the assurance Internal Audit can provide on an ever-widening spectrum of enterprise [...]

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I wanted to draw your attention to an article that recently appeared on CFO.com about continuous auditing, mainly because the topic is one which is as misunderstood as it is trendy.
Continuous auditing is generally held to be an automated approach. Increasingly it is assumed to mean examining all data relevant to the audit being performed, [...]

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A guest post by an intern in Internal Audit was recently featured on another accountant’s blog, I Want To Be A CA, and I was first alerted to it by Krupo’s post title bait. The post is not complimentary about internal audit, but the support for its thesis is so flimsy and based on purely [...]

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The news that KPMG has snapped up the audit of Rentokil Initial from rival PwC brings with it renewed concerns around the independence of firms providing additional services as well as opining on financial statements.
Under the arrangement KPMG would undertake all the statutory responsibilities associated with an external audit, while also ‘delving deeper’ and offering [...]

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A recent post on Coding Horror on pseudocode reminded me of my work as an internal auditor. You might think it’s strange that a blog post on a programming/development technique would make me think of auditing – well, you’re right. It is a little weird. But hear me out.
Pseudocode is called that because it’s not [...]

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