Chambers on Internal Audit

November 29, 2021

Internal Audit’s Relationship With the General Counsel Can Be Complicated

As a newly appointed chief audit executive many years ago, I tried early to identify the other executives in the organization who would be our strongest […]
November 22, 2021

When There is No Internal Audit – Investors Should Run!

A recent Gallup Poll found that 56 percent of Americans invest in the stock market, which is consistent with historical trends. The statistic varies in other […]
November 15, 2021

Making Auditors “Civil Servants” Isn’t the Right Answer

From time to time, I hear of ideas for “improving” the auditing profession. Some are pretty good, but others catch me totally by surprise and, well, […]
November 12, 2021

Call for Nominations: Internal Audit Beacon Awards

Professions thrive through advocacy and diversity of thought. The internal audit profession is no different. For the past two years, I have recognized 10 men and […]
November 3, 2021

Whose Risk Is It, Anyway? When Management Says ‘No’ to Internal Audit

One of the most frustrating events in my career was one of the first times an internal audit client firmly and repeatedly said “no” to one […]
October 22, 2021

​​​​​​​​Five Leadership Lessons Colin Powell Taught Me

Like much of the world, I was deeply saddened by the recent death of former United States Secretary of State Colin Powell. He was a man […]
October 11, 2021

One Company – Two Chief Audit Executives: Twice as Effective or Double Trouble?

A recent headline from Reuters caught my eye: “Scandal-hit Credit Suisse names new interim heads of internal audit – memo.” According to Reuters: “Credit Suisse (CSGN.S) […]
September 30, 2021

For Internal Audit Credibility Must be Rooted in Objectivity

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 […]
September 21, 2021

“Risk in Focus” – New Report Focuses on Internal Audit Priorities in 2022 and Beyond

We are approaching the time of year again when many internal audit departments around the world initiate their audit planning process for the upcoming calendar year. […]
September 16, 2021

Why Is Internal Audit Still Assessing Risks Like It’s 1999?

For years I have been writing about the need for internal audit to modernize its approach to risk assessment. I authored a blog in 2018 calling […]