Companies, government agencies and nonprofit organizations use auditing practices to manage compliance with internal controls. For example, an auditor looks for inconsistencies in financial records.

Every company like to believe that its employees and management are above reproach and would never do something to harm the organization. However, it is also a wise business move to have systems in ...

Internal Audit is an independent, objective, assurance and consulting activity, assisting the university in meeting its objectives and improving the effectiveness of risk management, control and ...

The Institute of Internal Auditors' new practice guide for internal auditing shares some good insights, but falls short in a few areas. The Institute of Internal Auditors (IIA) has published a new ...

The last in a series of eight case studies from the Product Quality Research Institute focuses on internal GMP audits. An integral part of an effective quality system in a cGMP-compliant ...

The refreshed Standards were released earlier this year on 9 January 2024 and are the outcome of a multiyear project led by the IIA, while taking into account the internal audit community’s efforts.