How many auditors—or risk managers—consider the impact of risks that can arise from organizational use of data and analysis? In this post, John Verver discusses the IIA's Audit Executive Center's recently released 2016 North American Pulse of Internal Audit.
ACL today announced that Payless ShoeSource, the largest specialty family footwear retailer in the Western Hemisphere, has deployed ACL™ GRC to improve the productivity of its internal audit team without increasing headcount.
While auditors and those involved in risk management and compliance have their respective roles to play in addressing the risks of big data, many of the concepts of big data also provide great opportunities for transforming the way that audit, risk and compliance professionals perform their work.
High-quality audit workpapers are essential. They support clear documentation and communication, provide an audit trail for third-party reviews, and enable risk assurance over material objectives and operational processes. So why do most teams use their workpaper software as a mere repository, almost like a shared drive? Here are three ways to make workpapers harder-working right now.
Looking for inspiration for analytic ideas? You’re in luck. ACL Inspirations hosts hundreds of analytic ideas built from decades of experience from ACL initiatives worldwide AND for the next 48 hours, Inspirations access is open for everybody!
In this special collaboration with Compliance Week we sat down with Paul McDade, Manager of Internal Audit at TruGreen, and discussed how TruGreen successfully implemented a solution that not only identifies sales commission fraud, but also deters it.
New IIA CBOK survey shows that the internal audit profession is making substantial progress in making itself relevant to the business overall.
Ready for your next ACL Bootcamp workout? Up next in the series we are featuring tips and techniques for the Analysis Apps feature in ACL Analytics 11. Analysis Apps is a powerful feature that provides a simple user interface with data visualization and sharing of analytics. Join us on Thursday, August 20th for a live [...]
Internal auditors constantly add value to their organizations by providing assurance and recommendations on the effectiveness of risk management, controls and governance processes. But how much of this contribution is recognized as really being a value-add, and not just a required organizational functional process? How often does the corporate C-suite and board really notice and [...]
During the past decade, much of the interest around using data analysis in internal audit has stemmed from some great successes that a relatively small percentage of audit teams have managed to achieve. The majority of audit leaders want their teams who are still at a very basic level of usage to do far more [...]