Blog library

A collection of Protiviti blogs. 

Blogs

April 1, 2024

Understanding the Global Internal Audit Standards

A three-part blog series and webinar, featuring commentary, insights and points of view from Protiviti leaders and SMEs on key challenges and risks companies are facing today, along with new and emerging developments in the market.The final updated Global Internal Audit Standards (“Standards”) issued by The Institute of Internal Auditors become effective January 9,...
A three-part blog series and webinar, featuring commentary, insights and points of view from Protiviti leaders and SMEs on key challenges and risks companies are facing today, along with new and emerging developments in the market.The final updated Global Internal Audit Standards (“Standards”) issued by The Institute of Internal Auditors become effective January 9, 2025. In this blog series, we introduce the key…
In a global survey of CFOs and finance leaders conducted by Protiviti, ESG metrics and measurement stand out as the highest priority for the finance organization to address over the next 12 months.
We often hear our clients ask what steps to take to develop a Software as a Service (SaaS) strategy for IT environments. Both the CIO and business owners recognise the benefits of SaaS solutions, which are readily available and often focused on a particular business need. SaaS products are becoming more popular, and usage is expected to grow at a double-digit rate in the coming years, driven by increased adoption of…
The Institute of Internal Auditors (IIA) final updated Global Internal Audit Standards provide the opportunity for transformative change. The update requires the internal audit (IA) function to have a strategic plan aligned with the organisation’s strategy and defined performance objectives.
While the various forms of artificial intelligence (AI) have captured the imagination of nearly everyone in the business world, generative AI (GenAI) is rapidly becoming the hottest new kid on the block. We’ve seen the terms AI and GenAI being used synonymously but there are many types of AI. GenAI is the latest one and represents the ability of a model to create novel output. GenAI is a big space that can create…
Companies in the energy and utilities (E&U) industry are moving fast to adopt artificial intelligence (AI), including generative AI, to increase their competitive edge. But while AI can help these firms to drive innovation, boost profitability and reduce certain risks, it also increases their exposure to cyber threats.
In Part 1 of this blog series, we stressed the importance of educating internal audit’s stakeholders and laying the groundwork for the change management needed to support the required collaboration for effective governance of the internal audit (IA) function. In this post, we summarise key areas of change most likely to impact your organisation, and we explore in further detail areas that will require revisions to…
The final updated Global Internal Audit Standards (“Standards”) issued by The Institute of Internal Auditors become effective January 9, 2025. In this blog series, we introduce the key Standards updates, explore the impacts of the updates on the internal audit (IA) function, provide practical guidance for adopting the changes required for compliance and consider the opportunities to move beyond conformance, with a…
Workday’s object-oriented architecture and robust reporting engine enables financial and human capital data management and analysis within a single platform, unlocking possibilities for powerful new insights. To a new user, the complexity can feel daunting—so where to start? Let’s take a closer look at how to quickly get up to speed, access some of the most valuable standard (out-of-the-box) reports and share tips…
In today’s interconnected world, where adversaries seem to always be one step ahead, companies face an increasingly complex threat landscape. One of the most challenging and often overlooked threats is the dark web, an intentionally hidden part of the internet where threat actors can operate with a greater sense of anonymity. To adequately protect assets, companies need to do more than merely protect their physical…
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