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News
Diligent launches AI tool for internal audit
6+ mon, 3+ day ago (253+ words) launched its new AuditAI solution, described as a strategic compliance tool that automates execution of internal...The company debuted the AI tool at the Institute of Internal Auditors' Great Audit Minds 2026 conference...Internal auditors are reporting more cuts in their…...
PwC global revenue grows to $56.9B
10+ mon, 2+ week ago (423+ words) PricewaterhouseCoopers reported Tuesday its global gross revenues increased $56.9 billion for the fiscal...Assurance revenues grew 1.7% to$19.8 billion (without adjusting for changes in business structures)....Tax and legal services revenues rose 1.0% to $12.7 billion (or 2.8% if adjustments are made to reflect...The…...
Internal audit reporting to the CFO: 5 safeguards to independence
11+ mon, 4+ week ago (313+ words) After more than 10 years of sounding alarms about the dangers of having internal audit report administratively...Because I see little chance of changing the CFO/internal audit paradigm on the horizon, I'd like to offer...five safeguards to help ensure…...
It's time for internal auditors to become intrapreneurs
9+ mon, 3+ day ago (589+ words) I have long advocated for internal auditors to embrace an entrepreneurial mindset....First in my book, "Agents of Change: Internal Auditors in an Era of Disruption," and again in the second...edition, "Agents of Change: Internal Auditors in an Era…...
Internal audit's role in guiding AI responsibly
5+ mon, 5+ day ago (509+ words) This is where internal audit may be uniquely positioned to provide guidance to the organization about...The internal audit function can help the enterprise pursue innovation responsibly by encouraging the...Internal audit can assess: This analysis can identify gaps between…...
IIA improves exam for internal auditors
5+ mon, 6+ day ago (582+ words) The Institute of Internal Auditors is planning to make a variety of improvements to its Certified Internal...including a new experienced-based pathway pilot and updates to the exam to reflect the new Global Internal...The Certified Internal Auditor credential is…...
The value gap between internal succession and external transactions
5+ mon, 3+ day ago (370+ words) There is a massive value gap with an internal succession versus an external transaction, and the gap...In general, transactions are from 1.5x to 3x revenue with 50-70% cash up front and rolled equity....The Internal Revenue Service and the Treasury released final…...
One myth about internal audit that is easily disproved
10+ mon, 1+ week ago (465+ words) For more than a decade, I have been trying to dispel lingering myths that haunt the modern internal audit...What's more, there is little argument that assurance and advisory services provided by internal auditing...So, why does the myth persist…...
Internal auditors confront fraud risks
4+ mon, 2+ day ago (278+ words) The report, released Monday by the Center for Audit Quality, the Institute of Internal Auditors and the...of Certified Fraud Examiners and the National Association of Corporate Directors), discusses how internal...It focuses on how internal audit is part of…...
A new world of risk in internal audit
9+ mon, 5+ day ago (484+ words) Anthony Pugliese of the Institute of Internal Auditors discusses the new and perennial risks and challenges...You are at the beginning of 2025, the I a, these new set of global internal audit standards became effective...What are some of the…...