Data security, once the realm of the IT department, has catapulted into a headline-grabbing topic in 2018, especially in light of Facebook CEO Mark Zuckerberg’s testimony before Congress in April.
The Institute of Internal Auditors has published a new guide to help auditors deal with the challenges of “big data,” the huge volumes of structured and unstructured information that’s being generated ...
As expectations of audit continue to rise, firms are looking for ways to enhance the client experience, improve efficiency ...
Financial statement auditors increasingly need to know more about their clients’ businesses. Thanks to advances in data analytics and software, many auditors are finding ways to gain deeper ...
Most companies are subject to audit, be these quality or financial. Audits, as defined in the internal standards for quality audits, ISO 19011:2018—Guidelines for auditing management systems, are a ...
When management at Hewlett-Packard Co. (HP) identified a concern related to the frequency and volume of manual journal entries, the company’s internal audit function initiated a dashboard to enable ...
Internal auditors are seeing increased value from leveraging data analytics for internal controls evaluation, fraud detection and compliance monitoring, according to a new report. Processing Content ...
Data privacy is at the top of the agenda as companies strive to comply with regulations such as the EU General Update To Data Protection Regulation (GDPR). At a time when firms are collecting vast ...
Value stream management involves people in the organization to examine workflows and other processes to ensure they are deriving the maximum value from their efforts while eliminating waste — of ...
For all the hype about artificial intelligence (AI) in audit, David Heath’s starting point is more prosaic: auditors still spend too much time chasing ...