Companies, government agencies and nonprofit organizations use auditing practices to manage compliance with internal controls. For example, an auditor looks for inconsistencies in financial records.

Every company like to believe that its employees and management are above reproach and would never do something to harm the organization. However, it is also a wise business move to have systems in ...

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

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 ...

For years, auditors have used interviews and workshops to conduct successful company assessments. As more businesses become digitised, auditors need to blend traditional techniques with a more ...

New, large-scale regulatory obligations such as the Securities and Exchange Commission’s pending climate disclosure rule will open organizations up to a number of new risks, including regulatory ...

How agile is your internal audit team? Do you have speedboats or only battleships? Now is an opportunity for internal audit leaders to pause, reflect and consider whether it is time to forgo past ...

The last in a series of eight case studies from the Product Quality Research Institute focuses on internal GMP audits. An integral part of an effective quality system in a cGMP-compliant ...

One of the many mysteries left hanging in the fog of opaque disclosure surrounding the corporate governance implosion at Mineral Resources is the role played by internal audit, the so-called third ...

Drexel University is an institution that provides high-quality education, research and service; to ensure high standards are met, it is important that there be adequate systems of control and ...