IIA ja ECIIA blogidest

Ethical resilience – one of the top qualities of high-performing internal auditors and audit leaders across organisations. To maintain trust and deliver value, internal auditors must adhere to the profession’s code of ethics while also carrying a strong moral compass in their daily work. However, ethical “blind spots”—a temporary inability to recognise ethical dilemmas—can easily […]

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The European Confederation of Institutes of Internal Auditing (ECIIA) welcomed the opportunity to respond to the European Central Bank’s (ECB) consultation on their draft guide on governance and risk culture. We acknowledge the vital role that risk culture plays in the effectiveness of internal audit functions (IAF). For further insights, refer to our publication on risk culture here. […]

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The final guidelines on limited assurance for sustainability reporting, developed by the Committee of European Auditing Oversight Bodies (CEAOB), are now public. These guidelines were created at the request of the European Commission to support statutory auditors and other assurance providers handling limited assurance engagements introduced by the Corporate Sustainability Reporting Directive (CSRD). Read the […]

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This summer, the European Commission published FAQs for two major sustainability initiatives: the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD). These FAQs are designed to offer additional guidance to stakeholders and businesses, including small and medium-sized enterprises (SMEs), to better understand and comply with the requirements. While these FAQs […]

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ecoDa and the Internet Security Alliance (ISA) have released an updated version of their Cyber-Risk Oversight Handbook, originally published in 2020. The update was essential to address the evolving landscape of cybersecurity and cybersecurity legislation, including the introduction of the EU 2022/2555 Directive (NIS2), which replaces the former NIS1 Directive. The Handbook is tailored to […]

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For nine years, Risk in Focus has been the trusted resource for internal auditors to shape their risk assessments, annual plans, and audit strategies. The 2025 report reveals a fast-approaching wave of digital disruption, AI advancements, and interconnected risks like never before. As businesses rush to adopt new technologies, balancing innovation with risk management is […]

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ECIIA organised a webinar on October 3, 2024, at 17:00 CET to explore the critical topic of risk culture and highlight insights from our recent publication, “Auditing Risk Culture,” with a focus on the banking sector. Key topics included: Webinar Recap Risk culture plays a fundamental role in shaping how organisations manage and respond to […]

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The new AML/CFT package approved by EU lawmakers in 2024 aims to enhance the fight against financial crime. This updated package introduces a single rulebook for the entire EU and establishes the Anti-Money Laundering Authority (AMLA) in Frankfurt, which is expected to begin operations by July 2025. Key points: Get all the details—download the full […]

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The newest edition of the ECIIA paper, DORA: Impact of the Digital Operational Resilience Act (DORA) on the Internal Audit Function, has been published, offering valuable insights for the insurance industry. With the January 17, 2025, compliance deadline approaching, this paper outlines key strategies and actions to help internal audit teams ensure readiness. The Digital […]

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Is Your Internal Audit Function Ready for the New IIA Standards? Upcoming changes may require your team to shift from tactical to strategic planning. Don’t miss our free webinar “The Clock is Ticking: Does Your Strategic Plan Align With the New IIA Standards?” on Tuesday, September 17. Hosted in partnership with AuditBoard, this session features […]

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