The Basel Committee on Banking Supervision: The internal audit function in banksThe Basel Committee on Banking Supervision is issuing this revised supervisory guidance for assessing the effectiveness of the internal audit function in banks, which forms part of the Committee's ongoing efforts to address bank supervisory issues and enhance supervision through guidance that encourages sound practices within banks. The document replaces the 2001 document Internal audit in banks and the supervisor's relationship with auditors. It takes into account developments in supervisory practices and in banking organisations and incorporates lessons drawn from the recent financial crisis.
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Are You Kidding Me?
What is the one thing as an auditor that frustrates the hell out of you?
The Three Lines of Defense in Effective Risk Management and ControlIn twenty-first century businesses, it’s not uncommon to find diverse teams of internal auditors, enterprise risk management specialists, compliance officers, internal control specialists, quality inspectors, fraud investigators, and other risk and control professionals working together to help their organizations manage risk.
New IPPF Guidance: Maturity ModelsThe IIA’s new Practice Guide provides guidance on how to select, create, and use maturity models to yield the greatest insight. IIA members can download this strongly recommended guidance today.