Restricted vs Unrestricted Funds in Local Government: Governance, Risks and Controls For many NSW councils, financial sustainability is a real risk and not just something in
On September 15th 2025, the Institute of Internal Auditors (IIA) issued the new Topical Requirements focused on strengthening consistency and quality of auditing the high-risk
The new 2024 Global Internal Audit Standards by The Institute of Internal Auditors (IIA) introduce several significant updates designed to enhance the practice and relevance
In a major move to combat misleading environmental claims, the Australian Competition and Consumer Commission (ACCC) has recently released its final guidance on greenwashing. The
Internal audit is designed to provide assurance to the CEO, the board (governing body) and stakeholders, that the organisation’s operations are being conducted in a
During his time working for a number of councils Mitchell Morley was often (although not always) underwhelmed at the lack of value many internal audit
An assurance model or framework that has received some publicity in recent years is the ‘Three Lines of Defence Model”. Mitchell Morley from InConsult explores
