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Internal Auditing

Source: Wolters Kluwer

Wolters Kluwer Corporate Performance & ESG (CP & ESG) has added ESG standards, tailored to support Internal Audit workflow and practices, to its award-winning, cloud-based TeamMate+ global audit expert solution portfolio.

Following its failures related to collapsed payments company Wirecard, EY, an accounting firm, has been prohibited from accepting new auditing clients who are "of public interest" in Germany for two years.

A group of US stock exchanges is set to fire Thesys Technologies, the startup it hired in 2017 to build a vast Consolidated Audit Trail (CAT) tracking transactions as they pass through US equity and options markets, according to the Wall Street Journal.

February 11, 2016 - MetricStream, an industry leader in Governance, Risk, and Compliance (GRC) Apps and Solutions announced today that the Aboitiz Group is using the MetricStream Internal Audit Management App to streamline, standardize, and automate their audit processes. Deployed over the MetricStream GRC Cloud, the App offers a single point of reference to manage and track a wide range of internal audit activities. The App cuts across organizational siloes, strengthening visibility into audit data, while enabling auditors to easily collaborate and share information.

MENLO PARK, Calif., December 15, 2020 – According to a new survey from Protiviti and ISACA, titled “IT Audit Perspectives: Top Technology Risks in 2021,” concerns around security, privacy, cloud and technology resilience are being further fueled by shifting business priorities, the pandemic-induced remote work environment and accelerated deployment of new technologies.

Deloitte today announced the completion of a blockchain project which was designed to demonstrate tangible and actionable options for assurance related to blockchain transaction data and infrastructure.

January 27, 2016 - To help auditors meet the performance standards of single audits for government and nonprofit organizations, Thomson Reuters has added the latest Uniform Guidance audit requirements to PPC's SMART Practice Aids – Single Audit. The new requirements are generally effective for years ending December 25, 2015 and later.

Source: ISACA

Many IT audit and assurance professionals have long relied on a single source of guidance to perform effective audit reports—the Information Technology Audit Framework (ITAF) from global non-profit tech association ISACA.

The Securities and Exchange Commission has approved plans to create a vast Consolidated Audit Trail (CAT) tracking transactions as they pass through US equity and options markets.

December 1, 2015 - The top technology challenge faced by IT audit executives and professionals worldwide is to keep pace with emerging technology and infrastructure changes, including transformation, innovation and disruption, according to a new joint survey from global consulting firm Protiviti and ISACA, a global association for IT assurance, governance and cybersecurity professionals.

The coronavirus (Covid-19) pandemic is an unprecedented situation but it is important to recognise that, while the reduction in activity associated with coronavirus could be sharp and large, it is likely to rebound sharply when social distancing measures are lifted.

March 31, 2016 - A new report from global IT association ISACA identifies five steps organizations should take to create an effective audit program and reap the benefits of a successful information systems (IS) audit.

September 1, 2015 - Updates to Thomson Reuters Checkpoint provide customers with a single audit tool for the first time that complies fully with the Office of Management and Budget's (OMB) recently released 2015 Compliance Supplement. Specifically, this edition of PPC's SMART Practice Aids—Single Audit simplifies the new administrative requirements and cost principles for both OMB Circular A-133 audits and Uniform Guidance audits.

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