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Business Wire
17-06-2025
- Business
- Business Wire
2025 Governance, Risk, and Control Conference from ISACA and The IIA Examines Key Cyber, AI, Emerging Tech Topics
NEW YORK--(BUSINESS WIRE)--ISACA and The Institute of Internal Auditors (The IIA) will jointly present t he 12th annual Governance, Risk, and Control (GRC) Conference on 18-20 August 2025, in New York City, NY, and virtually, focusing on leading topics for GRC and internal audit professionals and featuring global leaders in governance, risk and control. 2025 Governance, Risk, and Control Conference from ISACA and The IIA examines key cyber, AI, emerging tech topics. Sessions will explore how GRC principles relate to cybersecurity, data, emerging technologies, and personal career development. Other topics include AI, cloud risk management, auditing blockchain, EU cybersecurity regulations, data mining, resilience and risk culture, and third-party risk management. The GRC Conference 2025 will feature two keynote presentations. Rachel Tobac, CEO of SocialProof Security, will dive into the human element of security. Shelly Palmer, CEO of The Palmer Group, will explore quantum computing and guidance for a quantum future. Two pre-conference workshops are being held in-person on Sunday, 17 August, including 'Performing an AI Audit using the ISACA AI Audit Toolkit,' with instructor Zachy Olorunojowon, Executive Director, Digital Health Strategic Initiative at BC Ministry of Health, and 'Navigating Crisis Scenarios as a GRC Professional - An Interactive Experience' with instructors Shawna Flanders, Director of Data Governance, Enterprise Risk, Compliance, and Business Resilience at The IIA, and Chris Stoneley, CISO at Cathay Bank. Attendees can earn up to 16 hours of continuing professional education (CPE) credits for attending the conference, and an additional 8 CPE credits for attending a pre-conference workshop. Registration for in-person attendance will close on Friday, 15 August. For more information about GRC Conference 2025, visit the event pages at ISACA or The IIA. About ISACA ISACA ® ( champions the global workforce advancing trust in technology. For more than 55 years, ISACA has empowered its community of 185,000+ members with the knowledge, credentials, training and network they need to thrive in fields like information security, governance, assurance, risk management, data privacy and emerging tech. With a presence in more than 190 countries and with nearly 230 chapters worldwide, ISACA offers resources tailored to every stage of members' careers—helping them to thrive in a rapidly changing digital landscape, drive trusted innovation and ensure a more secure digital world. Through the ISACA Foundation, ISACA also expands IT and education career pathways, fostering opportunities to grow the next generation of technology professionals. About The Institute of Internal Auditors The Institute of Internal Auditors (The IIA) is an international professional association that serves more than 260,000 global members and has awarded more than 200,000 Certified Internal Auditor (CIA) certifications worldwide. Established in 1941, The IIA is recognized throughout the world as the internal audit profession's leader in standards, certifications, education, research, and technical guidance. For more information, visit
Associated Press
10-03-2025
- Business
- Associated Press
New Report Reveals the Value of Strategy Plus Increasing Responsibility for Internal Audit Leaders
LAKE MARY, Fla., March 10, 2025 /PRNewswire/ -- Internal audit functions that are more strongly aligned with overall organizational strategy are more likely to have sufficient funding. That's according to a new survey of senior internal audit professionals, released today by The IIA's Internal Audit Foundation, in partnership with AuditBoard, at the annual Great Audit Minds (GAM) conference in Orlando. The results underscore the value that internal audit functions provide when they play a strategic role within organizations, along with internal audit's expanding scope of responsibilities. According to the 2025 North American Pulse of Internal Audit Survey, internal audit functions that are fully aligned with strategic objectives have a 31-percentage-point advantage in funding compared to those that are somewhat aligned. Underscoring the importance of strategic alignment, chief audit executives (CAEs) look forward to providing more advisory services in the future to respond to the strategic priorities. Currently, internal audit activity is comprised of 75% assurance and 25% advisory work for most functions. However, CAEs seek to increase advisory work to 40% going forward, according to last year's Vision 2035 report. 'Internal audit executives understand that closely aligning their activities with organizational goals allows them to play a more strategic role,' said Anthony Pugliese, CIA, CPA, CGMA, CITP, President and CEO of The IIA. 'Technology is the path of the future, with internal auditors integrating more tools to increase efficiency and effectiveness. This enables the profession to take on a broader role, meeting the demands of an evolving business environment and affirming our increasing importance and relevance.' A growing percentage of CAEs have responsibility for enterprise risk management (ERM) at their organizations – nearly one-third in 2024, compared to only 24% nine years earlier. Other common areas of responsibility are fraud (47%), Sarbanes-Oxley (SOX) (36%), and ethics/whistleblower programs (33%). Technology and GenAI Implementation for Audit Activities The percentage of CAEs reporting the use of GenAI for internal audit activities has more than doubled since last year, rising from 15% to 40%, highlighting the profession's growing adoption of technology. When it comes to technology skills in general, data analytics are seen as foundational to internal audit activity. More than three quarters of CAEs said data analytics was the technology skill they most sought to enhance among staff, and more than 90% said adoption of data analytics was essential for the future of the profession. Beyond data analytics skills, other priority areas for staff development include communications and collaboration (53%), cybersecurity (51%), and IT (46%). As the risk environment continues to demand new skills and knowledge from practitioners, The IIA continues to provide essential resources to help functions upskill and keep pace with the evolving risk landscape. The Pulse report has been conducted annually since 2008, serving as a valuable resource for internal audit leaders to benchmark their progress against peers across multiple sectors including financial services, non-profit, public, and private sectors. 'The Pulse of Internal Audit report provides practitioners with invaluable insights into the state of the profession, highlighting key trends and shifts within internal audit functions across North America,' said Warren Stippich, Jr., CIA, CRMA, CPA, President of the Internal Audit Foundation and National Managing Principal – Advisory Services Quality and Risk at Grant Thornton Advisors LLC. 'The findings are an annual opportunity for CAEs and practitioners to assess their functions' priorities and operations against their peers and gain a deeper understanding of how they can continue to optimize their audit activities.' Additional Findings Staff and Budget Trends Internal audit staff growth has stabilized to near pre-COVID levels. The percentage of functions with staff growth has stayed consistently around 25% since 2022. (For context, functions with staff growth dropped from 29% to 18% as a result of the COVID pandemic.) Last year, 34% of CAEs reported a budget increase, while only 11% reported a budget decrease. Nearly 70% of CAEs had to recruit to fill a new position or a vacant position last year. Even among smaller functions (4 to 9 FTEs), recruiting was necessary for nearly half of CAEs. Audit Plan Priorities Operational auditing (19%), financial reporting (16%), and compliance/regulatory reviews (14%) tend to make up the largest portions of audit plans on average. Functions also consistently invest a large amount of effort toward cybersecurity and IT audits – with a combined average of 17%. Outsourced Services As the responsibilities of the internal audit profession diversify and expand, CAEs use outsourcing to expand capacity and obtain specialized skills. For respondents overall, outsourcing is used for cybersecurity (38%), IT (36%) and Sarbanes-Oxley (21%). For CAEs in publicly traded companies, the allocation for Sarbanes-Oxley rises to 54%). For CAEs in financial services, outsourcing for cybersecurity climbs to 49%, and IT to 53%. Download the full Pulse Survey report. Methodology The 2025 North American Pulse of Internal Audit survey was conducted from October 3 to November 14, 2024. Respondents primarily came from organizations headquartered in the United States (85%) and Canada (10%), with the remaining 5% coming from the Caribbean or outside North America. The report speaks to current conditions and long-term trends for internal audit budgets, staff, audit plans, risk assessments, and more. About the Internal Audit Foundation The Internal Audit Foundation is the preeminent global resource, in strategic partnership with The IIA, dedicated to elevating and empowering the internal audit profession by developing cutting-edge research and programs. The Foundation helps current and future internal auditors stay relevant by building and enhancing their skills and knowledge, ensuring organizations are equipped to create, protect, and sustain long-term value. About The Institute of Internal Auditors and the Internal Audit Profession Internal auditing is an independent, objective assurance and advisory service designed to add value and improve an organization's operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of governance, risk management, and control processes. The Institute of Internal Auditors (The IIA) is an international professional association that serves more than 260,000 global members and has awarded more than 200,000 Certified Internal Auditor (CIA) certifications worldwide. Established in 1941, The IIA is recognized throughout the world as the internal audit profession's leader in standards, certifications, education, research, and technical guidance. For more information, visit
Associated Press
27-01-2025
- Politics
- Associated Press
The IIA Issues Statement on the Termination of Inspectors General
LAKE MARY, Fla., Jan. 27, 2025 /PRNewswire/ -- The IIA releases the following statement regarding the termination of federal Inspectors General: 'The president's recent terminations of multiple federal Inspectors General raise concerns about maintaining the independent oversight critical to government accountability. Inspectors General perform essential work for American taxpayers, ensuring transparency and integrity in government operations. Their roles must remain nonpartisan and independent. While the president has the authority to remove Inspectors General, we urge adherence to the established legal processes to preserve public trust. The IIA strongly supports protecting the independence and effectiveness of oversight functions to safeguard against fraud, waste, or mismanagement.' About The Institute of Internal Auditors The Institute of Internal Auditors (The IIA) is an international professional association that serves more than 260,000 global members and has awarded more than 200,000 Certified Internal Auditor (CIA) certifications worldwide. Established in 1941, The IIA is recognized throughout the world as the internal audit profession's leader in standards, certifications, education, research, and technical guidance. For more information, visit
