The Institute of Internal Auditors is asking the federal government to give the internal audit function a key role in providing assurance over the use of artificial intelligence as part of a ...
Audits play a vital role in finance for several reasons: There are generally three types of audits: external, internal, and tax-related. An external audit is carried out by independent certified ...
RI's Office of the Auditor General and Office of Internal Audit routinely find waste and issues. But is anyone listening?
Internal auditors are taking on more responsibilities, leveraging generative AI for tasks such as audit planning and reporting, and seeing their staff and budget grow to nearly the level they were at ...
Maddox has more than three decades of experience performing operational and financial audits in the financial services industry and has worked for 25 years at VACU in various internal audit roles, ...
Houston ISD's internal audit function found some delays in extra duty payments amid 40 sample transactions, according to a report to the Board of Managers documenting a Feb. 27 meeting. The district's ...
complexity of transactions and new products have rendered this oversight role weak. Robust internal controls and a strong internal audit function could be what is needed to save the sector.
But the heads of the Office of Internal Audit and Office of the Auditor General say that they each have distinct roles. The Office of Internal Audit (OIA), which has a staff of 19, is part of ...