News from the World of Internal Audit News and Corporate Governance
The following links are news articles, releases, and other information relevant to internal audit, fraud, risk management, or corporate governance.
| Internal Audit Maturity Model: A Better Way To Evaluate Internal Audit Departments? Compliance with the Institute of Internal Auditors International Standards for the Professional Practice of Internal Auditing is a requirement for Internal Audit Departments around the world. As most already know, compliance is validated through an External Quality Asse... From the Archives: Boardroom Digital Literacy: R U Talking to Me? [This article was contributed by Fay Feeney, CEO of Risk for Good] Boardroom protocol is being exposed every day on the internet. Does Rupert Murdoch really think we can’t see beyond his prepared remarks to determine for ourselves the “tone … Continue ... Policies and Procedures: a 2012 Project for Internal Audit Are Policies and Procedures important? We certainly think so, unfortunately many companies have old, outdated Policy and Procedure manuals while some have none at all. As companies and internal audit departments are planning projects for 2012, consideration should be gi... |
| Internal Auditor Unveils New Look, App Internal Auditor magazine has launched a new look AND a smartphone app. The magazine went through a major redesign to create a look that is up-to-date, more reader friendly, and translates easily to mobile editions of the publication. &ld... Publ.Date : Wed, 01 Feb 2012 22:00:00 GMT Updated Supplemental Guidance Released: The Role of Auditing in Public Sector Governance, 2nd Edition Updated Supplemental Guidance Released: The Role of Auditing in Public Sector Governance, 2nd Edition This supplemental guidance updated by The IIA is intended to further clarify the importance of the public sector audit activity to effective governa... Publ.Date : Wed, 01 Feb 2012 19:20:00 GMT |
| IRS, Labor Department proposals aim to increase retirement options and transparency Federal initiatives designed to broaden options and increase transparency in retirement plans were announced Thursday. The IRS issued proposed regulations that would make it easier for defined benefit pension plans to offer combinations of lifetime i... Prop. regs would ease required minimum distribution rules for older retirees who purchase certain annuities The IRS issued proposed rules (REG-115809-11) that would permit IRA participants to enter into contracts for annuities that begin at an advanced age (often called longevity annuities), using a certain amount of their account balances without having t... |
| Statement on the Securities and Exchange Commission Appointment of Jeanette M. Franzel to the PCAOB Publ.Date : Fri, 03 Feb 2012 19:38:09 GMT PCAOB to Host a Public Meeting March 21-22 on Auditor Independence and Audit Firm Rotation The Public Company Accounting Oversight Board announced today that it will host a public meeting to obtain further input on ways to enhance auditor independence, objectivity, and professional skepticism, including through mandatory rotation, or term ... Publ.Date : Thu, 02 Feb 2012 14:31:43 GMT |
| IASB and FASB seek to reduce differences in classification and measurement models for financial instruments Publ.Date : Fri, 27 Jan 2012 11:34:19 GMT Trustees reappoint three members of the IASB Publ.Date : Mon, 23 Jan 2012 16:28:59 GMT |
| SEC Names Jeanette M. Franzel to the Public Company Accounting Oversight Board FOR IMMEDIATE RELEASE 2012-24 Washington, D.C., Feb. 3, 2012 – The Securities and Exchange Commission today announced that it has named Jeanette M. Franzel to be a member of the Public Company Accounting Oversight Board (PCAOB). Ms. Franzel, cu... Publ.Date : Fri, 3 Feb 2012 12:58:39 EST SEC Charges Former Credit Suisse Investment Bankers in Subprime Bond Pricing Scheme During Credit Crisis FOR IMMEDIATE RELEASE 2012-23 Washington, D.C., Feb 1, 2012 – The Securities and Exchange Commission today charged four former veteran investment bankers and traders at Credit Suisse Group for engaging in a complex scheme to fraudulently overst... Publ.Date : Wed, 1 Feb 2012 14:54:39 EST |
| Fraud Risk Likely to Rise Over the next 24 Months Says Vonya Global Report on Fraud Risk Management Vonya Global announced today it has released the final report on the effectiveness of corporate fraud risk management. The report is the result of a study which compiled opinions on the risk of fraud and the effectiveness of corporate fraud risk man... Publ.Date : Tue, 13 Sep 2011 07:00:00 GMT Report Shows Internal Auditors Can Do More - Report on the Strategic Role of Internal Audit Released by Vonya Global The study reveals that gaps exist in the expectation of Internal Audit. The debate on whether it is Internal Audit's role to evaluate strategic risks and if Internal Audit is equipped to do so effectively is highlighted. The report provides a be... Publ.Date : Wed, 20 Oct 2010 07:05:00 GMT |
