Richard Chambers, president and CEO of The IIA, talks in a podcast interview about the need for chief audit executives to act as "change agents," as a sense of complacency could be emerging among some members of the internal audit profession. He also discusses the need to transform internal audit through the use of technology.
The Center for Audit Quality has released a report that focuses on non-GAAP measures and is geared toward the audit committee. The report offers a road map that outlines how to identify crucial discussion topics, understand the external auditor's role in non-GAAP measures and put leading practices into use.
A business case is emerging in which the drive for sustainability within a company integrates with compliance and risk management, writes Alison Taylor of BSR. "It's time to move beyond vague purpose statements and redefine what meaningful corporate integrity might look like," Taylor writes.
An Ethics & Compliance Initiative survey in 2017 found 47% of employees saying they had observed corporate misconduct within the previous 12 months, compared with 51% who said the same in 2013. But the survey also found a higher percentage of employees saying they felt pressure to compromise on ethical standards, while 40% of respondents described weakness in ethical culture at their companies.
Companies are dealing with a tight labor market by increasing efforts to hire older workers, who provide experience, stability and a wealth of knowledge in the workplace. Perks used to recruit older workers include flexible schedules, exercise classes, increased matches for 401(k) plans, and information on Social Security and financial wellness in retirement.
The Internal Revenue Service has issued its annual list of top tax scams for this filing season, with brazen phishing and phone scams still prominent on the list. Although the IRS says it has made significant progress in fighting tax-return identity theft, the issue remains a concern.
Creating a strong employee-development program takes more than running a few training days or workshops. Here are 11 suggestions for making a development program successful.