September 30, 2014

How Long Should Former CAEs Blame Themselves for Subsequent Calamities?

When there’s a serious breakdown in controls, sooner or later someone will pose the inevitable question of “where were the internal auditors?” It’s not just a […]
September 22, 2014

Internal Auditing in a Tone-deaf Environment

As internal auditors, we understand the importance of a strong tone at the top. It defines an organization’s culture and often the organization itself. A strong […]
September 15, 2014

Are Internal Audit Clients Always Right?

When customers are unhappy, most organizations will scramble to fix the situation. As the old adage goes, the squeaky wheel gets the grease, even when a […]
September 8, 2014

When the Whistle Is Blown, All Lines of Defense Have Failed

When federal whistleblowers rules were enacted, it was understood that even internal auditors could be eligible under certain conditions. But the first payout ever – $300,000 […]
September 2, 2014

It’s Hard to Be a Watchdog When Your View Is Obstructed

I was fortunate during my tenure as inspector general of the Tennessee Valley Authority and deputy inspector general of the U.S. Postal Service to have boards […]