At about this time each year, I like to look back at the news events and stories that are shaping our profession. Occasionally, we have a year in which few news stories seem to be relevant to internal auditors, but this year — for better or worse — a number of headlines seem destined to affect where internal auditors are headed in the coming year. Each of these stories holds important lessons for internal auditors, so a review of a few of the most important events seems in order.
1. The Presidential Election
At first glance, the U.S. presidential election might not appear to be an internal audit news story.…