CIA Blog

“What is the Bradford Cadmus Memorial Award? What are the benefits of the award? May I nominate someone for this award? If so, how?” The Bradford Cadmus Memorial Award attributes its name to the memory of Bradford Cadmus, the original managing director of the Institute of Internal Auditors. The award recognizes individuals, regardless of their...Read More

At this time, The IIA has nothing new to report.Read More

“How do internal and external auditors differ and how should they relate?” Although they remain independent of the activities they audit, internal auditors are integral to the organization by providing continuous monitoring and assessment of all activities. External auditors, however, are entirely independent of the organization. They strictly assess an annual opinion on its financial...Read More

Develop and enforce standards in all of your endeavors. Learn to exercise control, either implicitly or explicitly. Most endeavors will improve with explicit control. This is particularly true with certification examinations. Practice your question answering techniques as you prepare answers/solutions to practice questions/problems during your study program. Develop explicit control over your study programs based...Read More

Endorsed Internal Auditing Programs The IIA sponsors Endorsed Internal Auditing Programs (EIAP) at colleges and universities that offer quality internal audit undergraduate- and/or graduate-level programs on a continuing basis. EIAP schools offer a curriculum of study in internal audit-related disciplines with at least two courses in internal auditing, each offered at least once a year....Read More

Question: Just what is the Sarbanes-Oxley Act and how has it increased the demand of internal auditors? Answer: The U.S. federal Sarbanes-Oxley Act was created to protect investors by improving the accuracy and reliability of corporate disclosures. The act covers issues such as establishing a public company accounting oversight board, auditor independence, corporate responsibility and...Read More

Sometimes I hear the phrases “research foundation” and “The IIA” mentioned in the same sentence. Can you explain the relationship between these seemingly unrelated entities? The Institute of Internal Auditors Research Foundation (IIARF) was founded in 1976 by The Institute of Internal Auditors (IIA). The IIA formed the foundation as a tax-exempt corporation to provide...Read More

Take a Break from Break Time Discussions Do not discuss the examination with other candidates during the break periods between exam times. Such conversations can increase stress and reduce confidence. The IIA does not grade these discussions. Why, then, should you allow them to negatively influence your performance? Give your a brain and body a...Read More

If Not You, Then Who? As an internal auditor, you are better positioned than anyone else in your organization to educate your audit committee. It is your responsibility to keep your committee informed about appropriate audit committee activities and processes, what should be included in the audit committee charter, new rules and regulations, the status...Read More