In an effort to raise awareness about objectivity, I often pose a series of questions to internal auditors. Have you ever been called upon to direct or conduct an audit in a department where a friend or relative works? Have you ever participated in an internal audit of a program, function, or business unit in which you worked at one time?
How about an audit of a finance function that aligns under the same CFO as internal audit? Have you ever audited the expense reports of the CEO? Have you been called upon to provide assurance related to the executive compensation program than not only determines your bosses pay, but yours as well?…