To determine maximum aggregate component materiality levels, we first use the cumulative binomial distribution to derive the maximum number of components that can be allowed to simultaneously contain ...

The Institute of Internal Auditors has updated its Three Lines of Defense Model to emphasize more active forms of risk management and governance that go beyond merely defensive moves by the internal ...

Tax auditors and audit supervisors who are responsible for conducting audits in their current roles or will potentially be handling such roles in their future assignments. This course is designed to ...

The Institute of Internal Auditors is asking for input on a proposed update to its Three Lines of Defense (3LOD) model for the internal audit function. The 3LOD is a standard for internal auditors, ...

MILWAUKEE, Sept. 16, 2025 /PRNewswire/ -- Cybersecurity, AI, and economic uncertainty are dominating the priorities of internal audit leaders in 2025, according to Jefferson Wells, a leading ...