​Internal Audit: Coping With “Winds of Change”

ALTAMONTE SPRINGS, Fla. (Aug. 5, 2014) — Internal Auditor® (Ia™) magazine’s newest edition takes an in-depth look into how internal auditors cope with changes in business, the economy, technology and regulations.

In how-to articles that examine emerging risks, embracing innovation, and more, the magazine’s August issue – now available in print and online at InternalAuditor.org  – provides readers with best practices and direction from internal audit practitioners, educators and leaders.

“Many factors influence how the profession handles change, from technology and resources to evolving relationships with management, audit committees, and corporate boards,” said Anne Millage, Ia editor-in-chief. “Our current issue looks closely at how internal auditors can best prepare for and adapt to change.”

The focus on change for practitioners coincides with changes in the magazine’s online presence. A newly enhanced website is more visually appealing, with videos, related-article features, and new comments functionality. Visibility of the magazine’s popular blogs also is improved, and the website now is more user friendly and is optimized for viewing on mobile devices.

The new look also provides additional technology, governance, risk, fraud, and opinion articles to help readers remain up to date on the profession.

The August cover story, “Winds of Change,” looks at how internal auditors keep pace with changing risk exposures and the leading practices they use to stay on top of emerging threats. One key to success is for internal audit functions to be in the position to look more strategically at emerging risks and anticipate where companies are most vulnerable.

Incorporating innovation into internal audit operating models is another way to cope with change. Tiffany Crosby, president of Petra Learning, tells readers how embracing new technology and tools can increase productivity and deliver greater value to an organization.

In “Mind the Gap,” new Institute of Internal Auditors Global Chairman Anton van Wyk expounds on the theme of his chairmanship — minding and closing the divide between internal audit’s current role and the growing expectation of stakeholders.