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 […]
Understanding Power Dynamics When Dealing with Audit Clients 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
Board Games – Why Whistleblowers Remain Silent Read More »
Outside of boxing or mixed martial arts, internal auditing has to be one of the most contentious careers around. After all, you hardly ever a department saying, “Let’s invite the internal auditors to our next
How to Become a Respected Audit Professional Read More »
I am an internal auditor and I love it. Most outside of the profession believe that internal auditors sit behind a desk all day with a 10 key (remember those?) or a spreadsheet verifying numbers.
Three Reasons You’ll Love Internal Auditing Read More »
I recently hired a new employee. Â One of the first things I wanted to do was make him comfortable with the people performing the processes…our audit clients. Â So I hustled him from department to
Auditors should not be Confined to Cubicles Read More »
How important is completing the audit plan?  For many audit departments, it is a key performance measurement used to determine the department’s effectiveness.  But wait, I thought the goal of internal audit was to evaluate
The Best Audit is Sometimes the Audit You Never Start Read More »
Within every profession, there are certain characteristics, traits, and tasks that mark great professionals. Internal auditing is no different. Â Professionals can make the transition from good to great by following these 5 steps. Experience the
5 Things Great Internal Auditors Do! Read More »
The war for audit talent is very competitive. Finding, developing and retaining talented professionals can be very difficult. Oftentimes, bad auditors remain at organizations because managers are either too lazy or too afraid to develop or let go of slackers. If you are confused about what a slacker looks like, here are three types of auditors you should fire immediately.
Three Auditors You Should Fire Now Read More »
Asking questions (observation and inquiry) is one of the most critical internal auditing skills. It allows auditors to gain an understanding of processes, objectively evaluate the function and reach logical conclusions regarding the effectiveness and
Three Killer Questions for Internal Audit Clients Read More »
I remember working for one audit function that established a testing/sampling population of 25 for everything. If the actual population was 25,000 records, we tested 25. If the population was 1,000,000 records, we tested 25. Although fairly young in my career when I experienced this, my instinct told me this was wrong. After inquiring, I was told
Data Doesn’t Lie…But Your Analysis Technique Might Read More »