Pubblica Amministrazione

Understanding and Auditing Big Data

Executive SummaryBig data is a popular term used to describe the exponential growth and availability of data created by people, applications, and smart machines. The term is also used to describe large, complex data sets that are beyond the capabilities of traditional data processing applications. The proliferation of structured and unstructured data, combined with technical advances in storage, processing power, and analytic tools, has enabled big data to become a competitive advantage for leading organizations that use it to gain insights into business opportunities and drive business strategies. However, the challenges and risks associated with big data must also be considered.

Audit Reports

Executive SummaryAs the demand for internal audit value shifts from a retrospective view to a forward-looking perspective, internal auditors are expected to adapt with innovative methods to assess and communicate internal audit results. Communicating engagement results effectively provides management the opportunity to take corrective actions in a timely manner. La Guida Pratica, scaricabile gratuitamente per tutti i soci AIIA, è acquistabile in formato elettronico per i non soci >>

N° 74 della newsletter "Tone at the Top" dell'IIA

"Only a few years ago, investors and analysts had access to relatively little nonfinancial business information about an organization. Today, however, the public understands that financial statements present only a partial, and arguably limited, view of corporate performance."

Internal Audit and the Second Line of Defense

Executive SummaryAs governance and monitoring functions collaborate more closely to avoid duplication of effort, internal audit may be asked to take on responsibilities for risk management, compliance, regulatory oversight, and other governance activities.The chief audit executive (CAE) plays a critical role in navigating between internal audit’s traditional role and assuming responsibilities for risk management, compliance, and other governance functions. The CAE should be held accountable for preserving independence and objectivity, communicating with management and the board, and confirming management’s acceptance of risk to internal audit’s independence and/or auditor objectivity.To navigate through these competing challenges, internal auditors can look to The IIA’s guidance on effective risk management and control, and promulgated standards related to independence and objectivity. La Guida Pratica, scaricabile gratuitamente per tutti i soci AIIA, è acquistabile in formato elettronico per i non soci >>

N° 72 della newsletter "Tone at the Top" dell'IIA

Warren Buffett says it takes 20 years to build a reputation and five minutes to ruin it. And with reputation accounting for 60 percent of brand value, according to a global survey by Weber Shandwick, how an organization manages reputation risk can mean the difference between a short-term setback and permanent brand damage.

Assessing Organizational Governance in the Public Sector

Recognizing that public sector auditors face unique challenges that require tailored guidance, The IIA has released Assessing Organizational Governance in the Public Sector, the first IPPF practice guide specifically for government auditors.The guide provides public sector auditors with direction on how to assess and make appropriate recommendations for improving governance activities and processes. Organized into seven sections, this guide takes into account how widely organizational structures, as well as the regulations and mandates that each organization is subject to, can vary from one location to another, within the same state, province, country, and around the world and is written for a global audience.