5 reasons why Risk-Based Internal Audit should be implemented

Organizations use Risk-Based Internal Audit (RBIA) for evaluating and improving internal control systems. In order to provide assurance that the organization’s risks are effectively managed, RBIA identifies and assesses risks within the organization. By focusing on the areas of the organization that pose the greatest risk, RBIA allows internal auditors to prioritize their work and...

A holistic approach to risk-based internal audit with ASPIA

Introduction: Risk-Based Internal Audit (RBIA) is a framework that aims to enhance the effectiveness of an organization’s internal audit function by focusing on the risks faced by the organization. It is designed to provide assurance to the board of directors and senior management about the quality and effectiveness of the organization’s internal controls, risk management,...