Are your exit meetings oftentimes explosive events in which you and your client are in consistent disagreement about the issues? Or, do you find that sometimes your clients are surprised by the nature and extent of the issues. Exit meeting preparation and communication begins well before the formal exit meeting. As a matter of fact, it begins prior
When Exit Meetings Go Awry Read More »
The International Auditing and Assurance Standards Board (IAASB) recently released International Standard on Auditing (ISA) 610, Using the Work of Internal Auditors, which addresses the external auditor’s responsibilities when using the work of an internal audit function. It requires external auditors to “evaluate” the internal audit function. Specifically it states
External Auditors to “Assess” Internal Audit Functions?!? Read More »
The International Internal Audit Standards Board (IIASB) of the Institute of Internal Auditors (IIA) is proposing changes to the International Standards for the Professional Practice of Internal Auditing, also known as the Standards. For the most part, I believe that the Standards are headed in the right direction for the profession.
IIA Standards Exposure Draft 2012 Read More »