Top challenges for internal audit in 2022

Internal audit is struggling to attract talent. Attracting talent with non-traditional skills to audit is the top challenge for audit leaders this year, according to Gartner, Inc. A July 2021 survey of 166 audit leaders revealed that making the leap to more advanced analytics applications, improving IT auditing practices, and…

Read More

Relentless change is creating more audit control caps

Raising organisational risk Audit organisations should improve their visibility into change but they should also strive to deploy audit resources faster a February 2021 survey of 200 audit business partners by analyst firm Gartner revealed, that over half (56 per cent) of respondents said they were facing more changes in…

Read More

Cross-border tools to boost Philippines’ digital competitiveness

NPC’s new initiative. The National Privacy Commission (NPC) has issued its first guidance on the adoption of tools which compliments data management and cross-border transfer standards across the Association of Southeast Asian Nations (ASEAN), a move that will help Philippine businesses unlock more gains in the fast expanding digital economy…

Read More

TfNSW and Sydney Trains not effectively managing cyber security risks

Both NSW government agencies have assessed their cyber security risks as unacceptably high Transport for NSW and Sydney Trains are not effectively managing their cyber security risks. Significant weaknesses exist in their cyber security controls, and both agencies have assessed that their cyber risks are unacceptably high. According to the…

Read More

Australian National Audit Office finds Commonwealth ICT panels lax

Lack of evidence that current arrangements support the achievement of value for money outcomes. The Australian National Audit Office has made four recommendations aimed at improving compliance with the Commonwealth Procurement Rules to ensure officials have sufficient understanding of procurement requirements. In 2018-19 Australian government expenditure on ICT related goods…

Read More