Wanted: A New, Soft Set of Skills for Internal Auditors
May is International Internal Audit Awareness Month. We are celebrating with a series of blog posts focused on internal audit topics and the daily challenges and future of the internal audit profession. What I described in my previous posts, here, here and here, is a new kind of internal auditor – a well-connected and […]
Prioritizing Risks and Demonstrating Strategic Risk Savvy
May is International Internal Audit Awareness Month. We are celebrating with a series of blog posts focused on internal audit topics and the daily challenges and future of the internal audit profession. In my last post, I argued that internal auditors should go beyond assurance to serve as strategic advisers to executive management […]
Is Your Company Private? The SEC Still Has Advice for You.
At Protiviti, we routinely counsel private companies that a good governance and control structure is a sound business strategy for any company, and particularly for fast-growth companies with outside investors. If you don’t believe us, just ask the Securities and Exchange Commission (SEC). Recently, SEC chair Mary Jo White gave a speech at Stanford University, […]
Going Beyond Assurance
May is International Internal Audit Awareness Month. We are celebrating with a series of blog posts focused on internal audit topics and the daily challenges and future of the internal audit profession. In my last post, I gave a high-level summary of the North American results of the The IIA’s 2016 CBOK Stakeholder […]
Relationships and Risks: A Closer Look at the CBOK Survey
May is International Internal Audit Awareness Month. We are celebrating with a series of blog posts focused on internal audit topics and the daily challenges and future of the internal audit profession. I recently had the honor of hosting a webinar with The Institute of Internal Auditors on the 2016 CBOK Stakeholders Study and […]
Financial Institutions Alert: New Credit Impairment Models Coming Soon
The global financial crisis highlighted a number of weaknesses in the banking systems in the United States and Europe – among them, the way financial firms report their credit losses for loans and other financial instruments. Under existing models, based on Generally Accepted Accounting Principles (GAAP) in the U. S. and the International Financial Reporting Standards […]
