A semi-annual or annual internal audit allows you to gauge the effectiveness of your business's internal control system. Unlike an external audit, which focuses on determining whether financial ...

The idea of having the internal audit function report administratively to the CEO may be gaining steam. The Federal Reserve has issued guidance to encourage U.S. banks with more than $10 billion in ...

Scott Nevil is an experienced writer and editor with a demonstrated history of publishing content for Investopedia. He goes in-depth to create informative and actionable content around monetary policy ...

PricewaterhouseCoopers has released a new report on how internal auditors can take advantage of metrics to get better results. Processing Content The report, “ Metrics by Design: A practical approach ...

For more than a decade, I have been trying to dispel lingering myths that haunt the modern internal audit profession. Processing Content Some of the myths are based on perceptions, such as "Internal ...

While there has been much talk about business operations becoming Agile, we are now hearing talk of Agile happening in places you might not expect. Like internal audit. Most of us don’t normally think ...