Latest blog posts

  • Cyber risk tops internal audit list

    03/10/2017 NEW

    Cyber risk was the most commonly cited threat by heads of internal audit across Europe regardless of nationality or business sector, according to a new report by ECIIA. The EU’s General Data Protection Regulation and the broader challenge of managing data came second in the survey Risk in...

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  • Farid Aractingi elected ECIIA President

    27/9/2017 NEW

    Farid

    The ECIIA elected Farid Aractingi as President of its management board at the body’s annual conference in Switzerland. Aractingi (centre in image) was previously Vice President of ECIIA. He is Chief...

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  • ECIIA welcomes cyber package

    18/9/2017 NEW

    The European Commission has launched measures to strengthen cyber security across Europe. It proposes to extend the powers of ENISA, Europe’s current cyber agency. In particular, the proposals aim to ensure ENISA is better placed to support member states in implementing the NIS Directive. And the agency will...

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  • Ten years on – greater focus on ethics still needed

    17/8/2017

    Ten years on from the financial crisis a greater focus on ethics is needed in how businesses are exploiting new technologies, according to a recent report from the accountancy body ACCA. Nearly two thirds of respondents in its recent survey Ethics and trust in a digital age call...

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  • EC adopts non-financial reporting guidelines

    18/7/2017

    The EC has adopted guidelines to help companies make better disclosure on the environmental and social impact of their activities. The guidelines aim to help companies develop their non-financial reporting in ways that are more consistent and comparable. The EC says it wants to boost corporate transparency and...

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  • Internal auditors can strengthen fight against financial crime

    13/7/2017

    The European Union’s fourth anti-money laundering directive, which came into effect at the end of June, outlines a greater role for internal audit in fighting financial crime, says ECIIA. All organisations will need to strengthen their practices, policies and documentation showing that they have properly assessed the risks of...

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  • ECIIA and FERMA launch cyber governance framework

    29/6/2017

    ECIIA and FERMA have launched joint guidance aimed at helping organisations across Europe develop an effective cyber governance framework. The framework – detailed in At the junction of corporate governance and cybersecurity – enables companies to make consistent and understandable decisions about their security measures, risk management and...

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  • ECIIA newsletter June 2017

    23/6/2017

    ECIIA_Email_template_June17

    Catch up with the latest ECIIA news by reading our June newsletter.

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  • Tax reporting reforms move a step closer

    21/6/2017

    European regulations requiring companies to report and pay tax on their profits in the country in which they arise moved a step closer this month. The so-called country-by-country reporting regime is meant to prevent companies aggregating their profits from across the EU and paying tax in a jurisdiction...

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  • Internal auditors need strongest protection

    08/6/2017

    “Everything possible should be done to strengthen the role, position and independence of chief audit executives in all organisations and in all sectors across Europe,” the ECIIA has said in its response to recent EU’s DG Justice and Consumers consultation on whistleblowing. Given the increasing distrust among the...

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