"I believe that waning support for internal audit is an inherent risk we face as internal audit leaders," writes IIA President and CEO Richard Chambers. In his latest post, Chambers offers 10 signs possibly indicating a loss of stakeholder confidence in, or support of, internal audit.
Using insurance with a larger deductible makes business sense if a company effectively manages smaller risks. Insuring against small losses is costly, and making a large number of small claims can damage a company's position during the renewal process.
The AICPA has asked the Treasury Department and the Internal Revenue Service to clarify that reporting relief on certain reporting under Sec. 465 also applies to S corporations. Other recent AICPA advocacy includes efforts to protect the CPA license and recommendations on proposed regulations regarding eligible terminated S corporations.
Companies often use phone interviews to whittle down the pool of job candidates for a smaller number of in-person interviews. Here is a look at how to prepare for a phone interview, as well as tips for asking questions and maintaining the proper tone during the call.
Internal audit has transformed into an advisory function, going beyond financial assurance to offer guidance on topics including compliance and cybersecurity. A Protiviti model on next-generation internal auditing aids this evolution, focusing on governance, methodology and enabling technology.
The business school at Southern Illinois University Edwardsville has become a foundation-level program under The IIA's Internal Auditing Education Partnership program. "Inclusion in the IAEP program helps us to strengthen our partnership with our local St. Louis IIA chapter and further enables our students to bridge the gap with the profession," says accounting professor Jamie Hoelscher, who is the university's IAEP coordinator.
- Page 1