I frequently peruse various news feeds for articles on internal audit. Some of those written by non-internal auditors are quite good. Some are quite bad. And there are some that offer bad information or advice that I cannot resist calling out. One such article appeared recently on the noted thought-leadership website JDSupra.com.
To be fair, the article, titled SEC Compliance Internal Audit Tips: 4 Things You Should Know, appears well-intended and provides some useful advice for executives of regulated securities firms. For example, the author advises securities firm executives to “take prompt action” on information provided in internal audit reports.…