If the thought of an audit has ever given you chills, knowing the facts about them might help take the edge off. Thomas is a native of upstate New York and a graduate of the University at Albany.

The Institute of Internal Auditors announced that its Global Internal Audit Standards officially became effective on Jan. 9. The updated standards were released in January 2024 as part of the IIA's ...

Audit and Internal Control Act. In addition, the university follows the Committee of Sponsoring Organizations (COSO) Integrated Framework. An effective internal control system provides reasonable ...

The new standards for internal audit practice were released globally on January 9, 2024 and Ghana adopted them on February 22, 2024, making it one of the first countries to do so. These standards, ...

In an internal memo published on Microsoft’s blog, Nadella said that Microsoft’s focus for the coming year will be “model-forward” applications that “reshape all application categories.” ...

JPMorgan Chase’s decision to enforce a full-time return-to-office policy has sparked employee backlash, leading the bank to disable comments on an internal webpage where the policy was announced ...

With the rise of tech, expect to tackle questions on data analytics and its role in modern auditing. Study Tip: Make the COSO framework your best friend. Use simulations to prep for scenarios ...

Some managers at Microsoft may be trying harder to retain talented employees with AI know-how, according to an internal document viewed by Business Insider. Microsoft managers can request ...

Ghana has officially begun implementing the Global Internal Audit Standards (GIAS), which were introduced on January 9, 2024, and adopted on February 22, 2024. These standards, initially developed in ...

to set reliable auditing standards as computer networks became more important in financial systems. What Is the COSO Enterprise Risk Management Framework? The Enterprise Risk Management ...

However, statutory auditors cannot serve as internal auditors. While the Act does not specify penalties for failing to comply with internal audit requirements, companies and officers in default may ...