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News < Back Compliance : Sarbanes Oxley : Auditing : Sarbanes Oxley Internal Audit Function More Critical in Economic Crisis, According to Protiviti New resource guide addresses cost-saving processes and impact of regulatory developments
Internal auditors, who serve as independent, objective consultants commissioned to improve an organization's operations by evaluating and improving the effectiveness of risk management, controls and governance processes, will benefit from the 80-page resource guide that covers the continuously expanding and complicated global business landscape. The guide addresses the U.S. Security and Exchange Commission's interpretive guidance on Section 404 of the Sarbanes-Oxley Act and the PCAOB's Auditing Standard No.. 5 (AS5), among other vital topics. "The internal audit profession has experienced remarkable changes over the last five years," said Bob Hirth, Protiviti executive vice president of global internal audit solutions. "Since our first edition of the Guide to Internal Audit was produced in 2004, developments from the SEC and PCAOB, coupled with the economic crisis, have forever altered the internal audit arena. Given this new environment for internal auditors, we believe the business community will benefit greatly from the updated edition of our resource guide to help further ensure the effectiveness of their internal audit functions." The guide provides answers to 90 frequently asked questions, with topics ranging from building an internal audit function to managing and improving that function as an organization grows. Most of the new questions focus on the ever-expanding role of internal audit functions, such as:
Protiviti is a global business consulting and internal audit firm composed of experts specializing in risk, advisory and transaction services. The firm helps solve problems in finance and transactions, operations, technology, litigation, governance, risk, and compliance. Protiviti's highly trained, results-oriented professionals provide a unique perspective on a wide range of critical business issues for clients in the Americas, Asia-Pacific, Europe and the Middle East. Protiviti has more than 60 locations worldwide and is a wholly owned subsidiary of Robert Half International Inc. (NYSE:RHI). Founded in 1948, Robert Half International is a member of the S&P 500 index. |
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