Boom time for internal audit professionals: thanks to the profession's growing stature, internal auditors are enjoying higher salaries and greater career opportunities, The IIA's latest Job Market Survey reports.

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Boom time for internal audit professionals: thanks to the profession's growing stature, internal auditors are enjoying higher salaries and greater career opportunities, The IIA's latest Job Market Survey reports.

INTERNAL AUDITORS ARE ENJOYING INCREASED SALARIES and high job satisfaction, according to results of The IIA's Internal Auditor Job Market 2005-2006 survey, the eleventh in a series of biennial surveys. Since the passage of the U.S. Sarbanes-Oxley Act of 2002, audit committees have relied more on internal auditors to inform them about the financial and operating condition of the firm. In addition, businesses often use internal auditors as in-house consultants capable of adding value to a wide range of management initiatives, such as controls over financial reporting, information systems design, fraud detection, and support of the audit committee. As internal auditors successfully meet the challenges of their assignments, they are reaping larger monetary and pecuniary rewards. [??] Nearly 32,000 IIA members of all job levels were invited to participate in the online survey in early January through The IIA's Global Auditing Information Network Web site. The survey results are based on responses from 3,662 inte...

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