IIA and ISACA pool resources and expertise

At the end of September the IIA and ISACA announced they had reached an agreement to “create a basis for cooperation and collaboration” between the organizations. The agreement is formalized in a Memo of Understanding that has been signed by both parties. The MoU lists a few areas where this agreement makes cooperation possible: Speaking […]

Survey says: IA feeling the squeeze

A survey conducted at the recent Institute of Internal Auditors annual conference by Protiviti has revealed that â…” 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 […]

IIA: Keep internal and external audit separate

AccountancyAge is reporting that the UK and Ireland IIA’s chief executive Ian Peters recently made a statement on the contentious issue of having external auditors provide internal audit services: Internal auditors answer to management and the non-executive directors… external audit reports to shareholders. Merging these two important functions has the potential to cause serious conflicts […]