The Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN) has reaffirmed its commitment to strengthening internal audit processes and capacity within banks to enhance transparency, regulatory compliance, and
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.
Internal Audit Officers stand as pivotal guardians of ethical standards within banks, tasked with ensuring adherence to regulatory frameworks and fostering a culture of integrity
As AI technologies continue to evolve and improve, they are poised to significantly impact the accounting industry, bringing about both opportunities and challenges
The realm of deepfakes is an ever-evolving landscape that introduces various types of manipulated media content, raising concerns about misinformation and its societal impacts.
According to the World Health Organization (WHO), hypertension causes 7.5 million deaths, about 12.8% of the total of all deaths in the world
ACAEBIN has called for the establishment of an assurance community of Information Security, Internal Audit, Internal Control/Systems Control, Compliance, and Risk Management departments by banks to collaborate regularly and share insights and monitor cybersecurity-related initiatives and projects.
