Combined Assurance has been a topic of conversation in audit for the last few years. Now with the pending updates to the Three Lines of Defense model, the topic is even more critical.
Is your department short staffed right now? Guess what, it's not just you. Four out of five CAEs report challenges in filling open positions. If those open positions require specialized skills, well now that just got twice as hard.
Internal audit cannot avoid thinking about and planning for blockchain, that train is coming full steam ahead. The biggest questions are how to educate yourself about blockchain, how to identify and assess risk, and how to know if process controls in this new blockchain world are designed effectively and efficiently.