Readers can now buy "The Speed of Risk: Lessons Learned on the Audit Trail, 2nd Edition," by Richard Chambers, The IIA's CEO and president. "This book demonstrates how timeless insights still must be customized to meet the needs of an ever-changing world," writes Paul Sobel, former IIA global chairman, in the foreword of the new edition.

"The lessons we learn over the course of a career will serve us well if we remember and apply them," says IIA President and CEO Richard Chambers in his new book, "The Speed of Risk." In an excerpt from the book's first chapter, Chambers points out that internal auditors will need every one of those lessons to surmount the ever-increasing challenges and opportunities facing the profession today.

Multinational companies can think about and structure global audits to ensure the company, through HR, is complying with rules in every location it operates in, writes Donald C. Dowling Jr.

Tax season is a good time to assess and mitigate international risks. Here are four tips for accomplishing that goal.

The Labor Department has proposed a $35,308 annual-salary threshold, below which an employee is entitled to receive overtime pay. The current threshold of $23,660 was established in 2004.

Seven states have proposed laws, regulations or requirements imposing a fiduciary or best-interest standard on financial professionals that are in various stages of development. The Best Interest Compliance Team at the Drinker Biddle law firm provides an overview of each.

A convicted felon charged with defrauding investors of $3.6 million claimed principal funds were protected by surety bonds. At least one of the companies he claimed provided bonds said it did not have a business relationship with him.

Accounting departments are using new cognitive technologies for compliance and fraud detection activities. Artificial intelligence systems help finance teams process immense amounts of data on a continuous basis to monitor for fraudulent or noncompliant transactions.

Enterprises that wait to incorporate alternative data sources could struggle to catch up with firms that are already building up experience with such data sources. "With datasets that are more established, or have been around for longer time periods, where they fit in the puzzle is technically better known," said Jon Neitzell, chief data officer of fundamental equities at Goldman Sachs.

Maintaining a people-first corporate culture is possible even as a company gains staffers. Tips to do that include holding on to company traditions and setting clear expectations.

Some of the most respected leaders in internal audit today will be having an insightful discussion around leadership. Theresa Grafenstine, managing director, Deloitte & Touche LLP; Kiko Harvey, inspector general, United Nations World Food Program; Jenitha John, CAE, FirstRand Bank; and Mary McNiff, CAE, Citigroup will delve into challenges, opportunities, and the path to success. Register today.

In partnership with Protiviti, the Internal Audit Foundation announced the release of a new research report, Striking an Optimal Balance Between Assurance and Consulting Services -- Practical Insights From Internal Audit Leaders, based on the Foundation's comprehensive Common Body of Knowledge study. The report examines how audit executives achieve the right mix of these two key services. Download now.