Today, effective internal auditing
is more essential to the international business community than any other time in history," said Bob Hirth, managing director for Protiviti and leader of the firm's internal audit practice.
The present study aimed to investigate the relationship between uses of information technology in internal auditing
by internal auditors Characteristics.
The course provides an understanding of internal auditing
standards, referencing IIA Standards and the generally accepted definition of internal auditing
that can be found at the start of the IIA's Code of Ethics: "Internal auditing
is an independent, objective assurance and consulting activity designed to add value and improve an organisation's operations.
As a part of this framework, a set of new standards for internal auditing
was practiced by January 1, 2002.
The role of the internal auditing
function is not simply to perform audits, or to identify control deficiencies and areas requiring attention.
Standards set forth by the Institute of Internal Auditors (IIA), International Standards for the Professional Practice of Internal Auditing
, define internal auditing
as an independent assurance function and require internal auditors to be independent from activities they audit (IIA 2003, Introduction, [section] 1130.
The role of internal auditing
is facing continuing challenges in today's economic climate, according to PricewaterhouseCoopers' "State of the Internal Audit Profession Study," which states that the profession must brace for an efficiency revolution as it works to find ways to produce more with less staff--a tactic more and more companies have been trying to master.
Improving the quality and effectiveness of internal audit processes - Delivering effectively to stakeholders - Maximising the efficiency of your internal audit activities - Ensuring the internal auditor is part of the organisation in achieving business goals - Increasing your auditing skills to minimise and prevent fraud - Understanding the current internal auditing
standards in India - Insights on the latest emerging technologies - A look at the challenges faced by regional and international auditing - Design and implement an appropriate risk management framework
While internal control is defined by the Committee of Sponsoring Organizations of the Treadway Commission (COSO), internal auditing
is defined by The Institute of Internal Auditors (IIA) as an:
In these companies, management considered Sarbanes-Oxley a regulatory burden, dumped it on internal auditing
, and provided barely enough resources to meet minimum compliance standards.
In the wake of the major accounting scandals, internal auditing
has emerged as a powerful force in promoting effective controls, risk management, and governance in U.
Ohio Society staff worked with Taylor to craft legislation that maximizes the benefits of internal auditing
while protecting taxpayers and limiting the expenditure of state funds.