In a bid to consolidate its mandate at ensuring continuous upskilling and capacity development of the Internal Audit function, the Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN) in collaboration with the Financial Institutions Training Centre (FITC) recently held a two-day training for Internal Audit staff on Internal Control Over Financial Reporting.
The Internal Audit (IA) function in many organisations has a mission to enhance and protect the control environment by providing risk-based and objective assurance, advice, and insight
Fast-evolving technologies that generate increasing amounts of data have created an opportunity for internal auditors to leverage data to evaluate risk and make actionable audit insight
The Central Bank of Nigeria (CBN) recently introduced a new capital base requirement for Nigerian banks which has sparked discussions and debates within the banking sector and among stakeholders
This article explores the various challenges posed by such breakdowns, the implications for businesses, and the strategies that organizations can adopt to effectively detect, prevent, and respond to fraud incidents.
This article explores the key aspects of being an auditor in such a challenging environment and provides insights into how auditors can navigate these difficulties effectively.
