CITP

New Internal Audit Foundation Survey Finds the Internal Audit Profession Growing in North America

Retrieved on: 
Monday, March 11, 2024

The survey found internal audit teams place high priority on cybersecurity and IT audits, which combine for nearly 20% of audit plans.

Key Points: 
  • The survey found internal audit teams place high priority on cybersecurity and IT audits, which combine for nearly 20% of audit plans.
  • More than 40% of internal audit leaders are actively researching the future use of AI, with 15% actively using AI in their internal audit activities.
  • The 2024 North American Pulse of Internal Audit survey was conducted online from November 3 to December 5, 2023, yielding 448 qualified responses from senior internal audit professionals.
  • The IIA's annual Pulse report, published by the Internal Audit Foundation, provides benchmarks to help leaders plan and manage internal audit functions.

Institute of Internal Auditors Reviewing SEC's New Climate Change Disclosure Rule

Retrieved on: 
Thursday, March 7, 2024

LAKE MARY, Fla., March 7, 2024 /PRNewswire/ -- The Institute of Internal Auditors (The IIA) – the internal audit profession's leader in standards, certifications, education, research, and technical guidance worldwide – is currently reviewing the U.S. Securities and Exchange Commission (SEC)'s newly-issued Climate Change Disclosure Rule.

Key Points: 
  • LAKE MARY, Fla., March 7, 2024 /PRNewswire/ -- The Institute of Internal Auditors (The IIA) – the internal audit profession's leader in standards, certifications, education, research, and technical guidance worldwide – is currently reviewing the U.S. Securities and Exchange Commission (SEC)'s newly-issued Climate Change Disclosure Rule.
  • Following publication of the SEC's draft rule in March 2022, The IIA submitted a comment letter, in which it highlighted the need for effective governance over climate disclosures.
  • For internal auditors, the final rule involves new areas of review and assurance to the board regarding compliance with the new rule.
  • For more information on ESG-related resources for the internal audit profession, please visit The IIA's ESG Knowledge Center.

The Institute of Internal Auditors to hold 'Great Audit Minds' Conference March 11-13

Retrieved on: 
Thursday, February 1, 2024

LAKE MARY, Fla., Feb. 1, 2024 /PRNewswire/ -- The Institute of Internal Auditors (The IIA) – the internal audit profession's leader in standards, certifications, education, research, and technical guidance worldwide – will host its Great Audit Minds (GAM) Conference March 11-13 in Las Vegas, Nevada.

Key Points: 
  • LAKE MARY, Fla., Feb. 1, 2024 /PRNewswire/ -- The Institute of Internal Auditors (The IIA) – the internal audit profession's leader in standards, certifications, education, research, and technical guidance worldwide – will host its Great Audit Minds (GAM) Conference March 11-13 in Las Vegas, Nevada.
  • This year's conference will explore emerging topics and provide attendees with the insights, tools, and knowledge necessary to add value to their organizations.
  • The conference boasts 55 concurrent sessions spotlighting emerging topics in the internal audit profession, including:
    An update on the state of the internal audit profession and risk landscape from IIA President and CEO Anthony J. Pugliese.
  • The interactive session will draw upon the new Global Internal Audit Standards to focus on how internal auditors can improve their planning and operations when performing internal audit services and communicating their findings.

RJC Engineers Appoints New Principals and Associates, Unveiling Exciting Growth and Demonstrating Depth of Expertise

Retrieved on: 
Monday, January 15, 2024

VANCOUVER, British Columbia, Jan. 15, 2024 (GLOBE NEWSWIRE) -- Today, RJC Engineers (RJC) , a renowned national employee-owned engineering firm, has announced the appointment of five Principals and eight Associates to the company’s leadership in 2024.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 15, 2024 (GLOBE NEWSWIRE) -- Today, RJC Engineers (RJC) , a renowned national employee-owned engineering firm, has announced the appointment of five Principals and eight Associates to the company’s leadership in 2024.
  • Each appointed leader exemplifies professionalism, collaboration, and a steadfast commitment to engineering excellence," says Jeff Rabinovitch, Chair of RJC Engineers' Board of Directors.
  • RJC maintains its status as a 100 per cent employee-owned company, distinguishing itself as the largest independent engineering firm in Canada dedicated to building expertise.
  • Today’s appointments reflect RJC’s strong culture of mentorship and commitment to fostering a culture of innovation, collaboration, and continuous growth and improvement.

The IIA Releases New Global Internal Audit Standards to Lead Profession into the Future

Retrieved on: 
Tuesday, January 9, 2024

LAKE MARY, Fla., Jan. 9, 2024 /PRNewswire/ -- The Institute of Internal Auditors (The IIA) – the internal audit profession's leader in standards, certifications, education, research, and technical guidance worldwide – today released its new Global Internal Audit Standards™.

Key Points: 
  • "The new Global Internal Audit Standards meet an urgent professional and marketplace need," said Anthony Pugliese, CIA, CPA, CGMA, CITP, President and CEO of The IIA.
  • The Global Internal Audit Standards become effective in January 2025, 12 months after their release, though The IIA encourages early adoption.
  • "Today's release of the new Global Internal Audit Standards is a tremendous milestone for the internal audit profession," said Naohiro Mouri, CIA, CPA, chairman of the International Internal Audit Standards Board (IIASB).
  • A free webinar – Get to Know the Global Internal Audit Standards – is being offered to IIA members and nonmembers on January 24.

Baker Tilly Names Jonathan Zeigler Financial Services Managing Partner

Retrieved on: 
Thursday, December 14, 2023

Leading advisory CPA firm Baker Tilly US, LLP (Baker Tilly) appoints Jonathan Zeigler, CPA, CITP to lead its financial services practice effective January 1, 2024.

Key Points: 
  • Leading advisory CPA firm Baker Tilly US, LLP (Baker Tilly) appoints Jonathan Zeigler, CPA, CITP to lead its financial services practice effective January 1, 2024.
  • “Jonathan's wealth of experience and commitment to industry specialization make him the right leader for this role,” said Brad DeNoyer, Baker Tilly managing partner – industries.
  • “I am honored to lead Baker Tilly’s financial services practice during this dynamic period of industry evolution,” said Zeigler.
  • “I look forward to leveraging our team's talent and expertise to provide exceptional value to our clients.”
    During his tenure as Baker Tilly’s Philadelphia financial services team leader, Zeigler emphasized the importance of specialization in the heavily regulated financial services sector.

The IIA Names Benito Ybarra Executive Vice President of Global Standards, Guidance, and Certifications

Retrieved on: 
Friday, October 27, 2023

He will work closely with The IIA's International Internal Audit Standards Board (IIASB), the Professional Certifications Board (PCB), and the Global Guidance Council (GGC).

Key Points: 
  • He will work closely with The IIA's International Internal Audit Standards Board (IIASB), the Professional Certifications Board (PCB), and the Global Guidance Council (GGC).
  • "With over 25 years in internal audit leadership globally, Benito brings a wealth of knowledge and expertise to our organization," said IIA President and CEO Anthony Pugliese, CIA, CPA, CGMA, CITP.
  • Further, Ybarra has already made substantial contributions to The IIA in various senior volunteer roles.
  • Additionally, Ybarra actively participated as a member of The IIA International Professional Issues and Guidance Committee and served as President of the IIA North America's Austin, Texas chapter.

The IIA Applauds Improvements in PCAOB's Updated Confirmations Auditing Standard

Retrieved on: 
Friday, September 29, 2023

LAKE MARY, Fla., Sept. 29, 2023 /PRNewswire/ -- The Institute of Internal Auditors (The IIA) – the internal audit profession's leader in standards, certifications, education, research, and technical guidance worldwide – applauds the Public Company Accounting Oversight Board (PCAOB) for incorporating requested changes in the final issuance of their revised auditing standard, "The Auditor's Use of Confirmation, and Other Proposed Amendments to PCAOB Standards."

Key Points: 
  • The IIA took issue with these perceived attacks on the internal audit profession's integrity and publicly opposed the draft in a comment letter submitted to the PCAOB earlier this year.
  • The IIA also discussed the rationale for their feedback in various meetings with the Board's members.
  • "I'd like to thank the PCAOB and the Board members who engaged with The IIA in a meaningful discussion on the concerns that we raised," said Anthony Pugliese, CIA, CPA, CGMA, CITP, President and CEO of The IIA.
  • "I appreciate the careful consideration that the PCAOB gave to our profession's viewpoints and their recognition of the internal audit profession's value and integrity."

Internal Audit Foundation Releases First-of-its-Kind Global Risk in Focus Reports

Retrieved on: 
Thursday, September 28, 2023

LAKE MARY, Fla., Sept. 28, 2023 /PRNewswire/ -- The Internal Audit Foundation, part of The Institute of Internal Auditors (The IIA), today released the first-ever Global Risk in Focus report series, which surveyed internal audit leaders across Africa, Asia Pacific, Europe, Latin America, the Middle East, and North America to get a pulse on the greatest risks impacting their regions. The report found that cybersecurity (73%) and human capital (51%) are currently the most prevalent risks across the globe.

Key Points: 
  • Global Risk in Focus provides practical, data-driven research to help internal auditors and their stakeholders understand the current risk landscape and prepare internal audit plans for the years ahead.
  • The research represents an ambitious expansion of the European Institutes Research Group's annual Risk in Focus report and provides the first global view of risks from an internal audit perspective.
  • Global Risk in Focus is a series of reports customized for six global regions.
  • "The insights from the Global Risk in Focus reports will serve as an essential tool for chief audit executives as they begin developing next year's internal audit plan," said Javier Faleato, IIA Executive Vice President, Global Strategy & Affiliate Relations, and Executive Director, Internal Audit Foundation.

The Institute of Internal Auditors Welcomes Malta and Somalia to its Global Federation

Retrieved on: 
Tuesday, August 22, 2023

LAKE MARY, Fla., Aug. 22, 2023 /PRNewswire/ -- The Institute of Internal Auditors (IIA) – the internal audit profession's leader in standards, certifications, education, research, and technical guidance worldwide – today announced the approval of Malta and Somalia as new affiliates to its global federation, further extending The IIA's extensive international reach.

Key Points: 
  • LAKE MARY, Fla., Aug. 22, 2023 /PRNewswire/ -- The Institute of Internal Auditors (IIA) – the internal audit profession's leader in standards, certifications, education, research, and technical guidance worldwide – today announced the approval of Malta and Somalia as new affiliates to its global federation, further extending The IIA's extensive international reach.
  • "I'm excited to welcome Malta and Somalia as the newest members of The IIA's global network of affiliates," said IIA President and CEO, Anthony Pugliese, CIA, CPA, CGMA, CITP.
  • With today's approval of affiliate status, Malta and Somalia will not only benefit from, but strengthen, The IIA's global network, influence, and professional offerings.
  • With the additions of Malta and Somalia, The IIA's 235,000 members are now supported by a global network of 116 international affiliates, which collectively represent nearly 200 countries and territories.