Monaco Consulting has published a complete document that includes all 4 sections of the Reenvisioning Internal Audit series. Reenvisioning Internal Audit is a four-part series studying different approaches for internal audit leaders and audit committees to consider as they look forward and reimagine what the new normal for internal audit functions may look like.
Read MoreReenvisioning Internal Audit is a four-part series studying different approaches for internal audit leaders and audit committees to consider as they look forward and reimagine what the new normal for internal audit functions may look like. Part 4 wraps up the series with a dive into improving the effectiveness of the internal audit function. Effectiveness in internal auditing is the transforming of people, processes, and technologies within the internal audit function to effectively align it with the changes of the business.
Read MoreReenvisioning Internal Audit is a four-part series studying different approaches for internal audit leaders and audit committees to consider as they look forward and reimagine what the new normal for internal audit functions may look like. Part 3 continues the series with a dive into the application of innovative technology to the internal audit function. In this section, we go beyond saying that you need to start using data analytics in your audits.
Read MoreReenvisioning Internal Audit is a four-part series studying different approaches for internal audit leaders and audit committees to consider as they look forward and reimagine what the new normal for internal audit functions may look like. Part 2 continues the series with a dive into the application of the Agile project management methodology to the internal audit function.
Read MoreReenvisioning Internal Audit is a four-part series studying different approaches for internal audit leaders and audit committees to consider as they look forward and reimagine what the new normal for internal audit functions may look like. Part 1 introduces the series and discusses the application of Lean principles to the internal audit function..
Read MoreJune 2020 - The International Air Transport Association (IATA) introduced a free online interactive world map to provide travelers with the latest COVID-19 entry regulations by country. The map relies on IATA’s Timatic database which contains comprehensive information on documentation required for international travel. Timatic is updated more than 200 times per day to provide accurate travel restrictions.
Read MoreIn this time of layoffs, furloughs, and remote work, the workload on IT security administrators has increased significantly for offboarding or onboarding of users, access privilege modifications, remote access requests, and not to mention an increase in phishing attacks resulting from COVID-19 opportunists. Internal Audit should consider performing a network security review during these times of transition as a safeguard
Read MoreInternal Audit is well-positioned to play a key support role during a crisis like COVID-19. Internal Audit, while supporting the business, can also play the role of an objective assessor of the proper execution and overall effectiveness of the business continuity program while it is being executed.
Read MoreDuring these trying times, it is time for Internal Auditors to roll up their sleeves, put on their “Trusted Partner” ballcap, and support the organization with their expertise and experience…
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