Audit Practice & Framework

A Call to Action: Stakeholders’ Perspectives on Internal Auditing

It is important for any profession to ask those to whom it remains accountable — the stakeholders — what they think is going well and where there may be a need for improvement in the profession’s offerings.To obtain this “demand-side perspective” of the internal audit profession, the Stakeholders’ Expectations and Perceptions Survey was developed as an additional component of the 2010 Common Body of Knowledge (CBOK) study.As a pilot project, the survey was deliberately limited to the United States only, with the intent to expand the project globally in future years. This resulting report, "A Call to Action: Stakeholders’ Perspectives on Internal Auditing", offers helpful insights and actionable intelligence to internal audit professionals, especially chief audit executives (CAEs) and other internal audit leaders.It also contains relevant information for boards of directors, CEOs, chief financial officers (CFOs), general counsel, external auditors, suppliers and customers, regulators, and members of the investing public to get better educated about the promise and potential of the internal audit profession in advancing organizational governance.

Business Continuity Management

Business continuity management (BCM) is a risk management approach based on business value. It matches business continuity capabilities and risks.The goal of BCM is to enable any organization to restore critical operational activities, manage communications, and minimize financial and other effects of a disaster, business disruption, or other major events.This practice guide specifically discusses the definitions of Business Continuity Management (BCM) and Crisis Management (CM), the activities that may be performed by internal audit before, during, and after a crisis and internal audit’s evaluation of key BCM elements. Also, practice aids are provided in the appendices. La Guida Pratica, scaricabile gratuitamente per tutti isoci AIIA, è acquistabile in formato elettronico per i non soci >>