internal audit news from FierceComplianceIT
NewsBoards weak on info security
Does your board need a security overhaul? The extent to which boards are owning up to the risk management challenge at their companies has been an issue as of late, as more boards ponder whether they
Sarbox compliance still going strong
The recently-ended recession has taken a toll on a lot of companies. But many wisely stayed the course with their internal financial controls programs, and many continued to invest. Of more than 400
FCPA compliance sustainability--can financial controls help?
The Foreign Corrupt Practices Act (FCPA) is a hot topic from an enforcement point of view, which means it should be a front-burner issue at any company that does international business. You do not
XBRL myths exploded
XBRL is a reporting reality for more companies with every passing year. Many companies are already reporting in the format, but soon it will be the norm. And not just in the United States, but around
Internal auditors should focus more on risk management
We've suggested that in the overall GRC equation, the R (risk management) and G (governance) are taking precedent over the C (compliance), which at many companies was the original impetus for more
Approva releases the 'Official Control Freak e-Handbook'
Internal audit and compliance folks tend to be control freaks. They pretty much have to be. Approva has decided that trait is one way to define its key audience. To get in touch with them, it has
Data visualization heats up
The GRC process at many companies, building on the Sarbanes-Oxley compliance process, has produced some side effects, notably the creating of lots and lots of data. The smartest companies understand
Why the recession has been good for GRC companies
We've noted often that the recession has forced companies to cut back on their IT spending. While GRC initiatives have held up fairly well, there has still been some pain. But there has been a silver
Have you started your IFRS process yet?
We've noted that the conversion from GAAP to IFRS is, in many ways, a consultancy's dream. We're seeing lots of marketing activity underway, but at the same time, this is a more than legitimate area
Internal auditors vs. info security: Still an issue?
Last week, we discussed the potential for internal rivalry between the data loss protection (DLP) crowd and the GRC crowd. Of course, traditionally there is even bigger tension between the internal
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