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White & Case attorneys discuss the changing scope of the internal accounting controls provision under Section 13(b)(2)(B) of ...
While the audit process generally has an overwhelming connotation, there are several steps that a not-for-profit (NFP) organization can take to make the audit process much smoother year over year.
New Delhi: IndusInd Bank is grappling with serious internal audit findings after a whistleblower complaint triggered a deeper examination of its books. The bank disclosed that its Internal Audit ...
On 22 April, the bank said its internal audit department is reviewing its microfinance business to “examine certain concerns which have been brought to the bank’s attention".
You can’t change the books. We are here to keep everyone honest.” While this type of audit is usually for compliance, it can also be a tool within an internal audit.
Private sector lender IndusInd Bank on Tuesday disclosed that its internal audit department (IAD), along with Ernst & Young, is conducting a review of the bank’s microfinance business (MFI) to ...
In my upcoming book on the “History of Accounting and Auditing in Guyana Since the 1800s”, I intend to document and showcase for the first time such great achievements as well as capture and ...
The audit found that the number of HSE-owned properties considered vacant can fluctuate over time. In February 2022 there were 278 vacant properties on the books of the HSE but this fell to 183 by ...
Opinion MinRes scandal: Where was internal audit? The non-executive director and former KPMG partner in charge of cleaning up the miner’s conflicts of interest mess will have to review the ...
Richard Chambers is the CEO of Richard F. Chambers & Associates, a global advisory firm for internal audit professionals, and also serves as Senior Advisor, Risk and Audit at AuditBoard.
Summary: Internal auditing has evolved from a basic “audit on behalf of management” to a crucial function that supports organizational growth and operational efficiency. Initially, internal audits ...
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