The Funeral Nobody Attended A few years ago, I sat in a boardroom where an executive received a 40-page audit report. They flipped through the first two pages, sighed, and tossed it aside with the words:“I’ll get to this later.” They never did. And that’s when it hit me: audit reports are dead. Not because […]
Audit Reports Are Dead: Why Executives Don’t Read Them (and What to Do Instead) Read More »
Introduction: Independence vs. Relevance Early in my career, I was told something every auditor hears sooner or later: “Stay independent. Don’t get too close to the business.” At the time, it sounded noble. Independence was our badge of honor. The principle that gave internal audit its credibility. But in practice, it meant I sat in
Is Audit Independence Overrated? Why Auditors Need More Skin in the Game. Read More »
Power, in its various forms, can be a double-edged sword. While it empowers individuals to make decisions and exercise control, it also has the potential to blind them to alternative perspectives. When individuals hold positions of power, they may feel a sense of pride and confidence in their abilities. However, when confronted with advice that
Understanding Power Dynamics When Dealing with Audit Clients Read More »
Jane groaned as she looked at the piles of paperwork spread out in front of her. She was feeling overwhelmed and frustrated with the audit project she had been working on for weeks. Every deadline seemed to come and go without her making any substantial progress. The project was falling behind, and she felt alone
Bad Audit Processes are Delaying Your Audit Projects Read More »
Auditors everywhere have been talking about Chat GPT. Many are afraid of the implications it might have on audit reports. If you haven’t heard of it, where have you been? We are supposed to be aware of new emerging risks. But okay. No judgement from me. Let’s talk about what it is, why auditors missed
The Real Chat GPT Risk Auditors Missed – Auditing Artificial Intelligence Read More »
As Mary walked into the conference room, she immediately felt an uneasiness in her stomach. She had no idea why she had been selected to participate in an internal audit opening meeting. As she looked around the room, the nervous glances from her coworkers did not reassure her that this would be a good experience.
One of the biggest audit opening meeting mistakes Read More »
VIDEO TRANSCRIPT BELOW What would you say if I told you I called my girlfriend fat? This is how I started off a recent presentation on active listening. The response was overwhelming. 100% of the audience said that I should never in a million years say something like that to a woman.Some called me scum
Active Listening for Internal Auditors Read More »
I’m pretty excited to bring you guys a video / article this week. Consume the content how feel most comfortable. The text is, for the most part, the video transcript. Let’s talk about active listening All right guys, let’s talk active listening. Active listening has got to be one of the most underutilized skills in
The Power of Active Listening Read More »
Would you be happy if your financial advisor found an error in your account activity that resulted in you gaining $30,000? I would imagine most of us would be happy about that. If you would not be happy with an extra $30,000, email me. I’ll give you my address. Send me any extra cash you
More Board Games – Why Honesty is a Long Term Strategy Read More »
As children, we are told that honesty is the best policy. We are also told that But the truth about truth, is that it is one of the hardest things to hold on to. Society often ostracizes those who seek and speak the truth. This has been a prevalent problem in the modern workforce for
Board Games – Why Whistleblowers Remain Silent Read More »