Why is Auditing so Important? The food industry has seen unprecedented technological advancements, significantly enhancing operational efficiency and reducing costs. More importantly, these ...

The role of the internal auditor is expected to change drastically in the decade to come, according to a new report by the Institute of Internal Auditors. Processing Content The report, released ...

In the wake of failures such as HIH, One.Tel and Ansett, the role of internal auditors has been overlooked, writes Chris McRostie. Attention arising from corporate collapses in Australia has been ...

Internal Audit identifies all auditable activities and relevant risk factors, and assesses their significance through an annual risk assessment, utilizing the Committee of Sponsoring Organization's ...

The Chartered Institute of Internal Auditors (IIA) has launched a new internal audit code that aims to increase the effectiveness of internal audit functions so that major risks to businesses can be ...

To define the purpose, authority and responsibilities of the Internal Audit Office and establish the principles and framework that govern it. 2. Objectives and Scope The Internal Auditor 1 is ...

Academic research in internal audit provides best practices and pertinent information for external and internal auditors. Below, we summarize recent internal audit research from leading academic ...

ECONOMIC crime in the South-east Asian region appears to be on a rising trend, according to the Global Economic Crime and Fraud Survey 2022 by PwC. When a board is aware of a potential or actual crime ...

ENVIRONMENTAL solutions provider ecoWise Holdings has reported material variances between its audited and unaudited financial statements for the first half-year period ending Apr 30, 2021. In a filing ...

Annual Audit Plan – An annual audit plan is developed by the Director of Internal Audit based on a university-wide assessment of risk and where Internal Audit can make the greatest impact. Input from ...