Chambers on Internal Audit

May 16, 2022

THE STAGGERING TOLL OF COVID RELIEF FRAUD: WHERE WERE THE THREE LINES?

At the peak of the COVID-19 pandemic, governments around the world were working feverishly to appropriate relief funds to mitigate the pain and suffering of their […]
May 9, 2022

Are Boards’ Heads in the Sand When CAEs are Hired or Fired?

Independence​ and objectivity are ​hallmarks of great internal audit functions and the professional men and women who lead them. Against this backdrop, the prevailing model for […]
May 5, 2022

Creating Awareness About Internal Audit Must Happen Year-Round

It is May again, and as many internal auditors know, that means International Internal Audit Awareness Month is upon us. The IIA, along with its affiliated […]
May 2, 2022

Internal Auditors: When It Comes to Your Career, Write Your Own Story!

Back before the pandemic, I had the opportunity to address a graduate internal audit class at my alma mater, Georgia State University (GSU). My message to […]
April 25, 2022

Five Characteristics of Impactful Internal Audit Departments

An evergreen challenge for internal auditors is how to make a real impact. Gone are the days when we could simply be value protectors who patrolled […]
April 18, 2022

5 Questions the Audit Committee Should Ask Internal Audit – But Doesn’t

No relationship for a chief audit executive (CAE) has been transformed more over the past 20 years than that with the audit committee. According to The IIA’s […]
April 11, 2022

Drive-by Auditing: 5 Signs of a “Hit-and-Run”

This year marks the 20th anniversary of The IIA’s adoption of risk-based audit standards. I chaired The IIA’s Internal Audit Standards Board at the time, and […]
April 6, 2022

New Surveys Raise Alarm Bells for Internal Audit

I have been avidly monitoring the health of the internal audit profession for the past two decades. During my initial tenure at the IIA, later at […]
March 28, 2022

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​“Where Was Internal Audit?” It’s Easier Asked Than Answered

I have recently been speaking again with members of the press seeking my perspectives on internal audit, risk management and governance in the post-COVID era. While […]
March 20, 2022

Internal Auditors Must Detect Changing Weather Patterns Before the Storms

In speaking to an audience recently, I observed that the past year has been the most tumultuous I can ever remember when it comes to risk […]