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Chambers on Internal Audit

June 30, 2022

Courageous Internal Auditors Don’t Wait For a Choir

This month marks the 20th anniversary of the internal audit at WorldCom that shined the light on a $3.8 billion financial reporting fraud. My recent article […]
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June 28, 2022

The First Half of 2022 Has Been Risk-Induced Bedlam

When a new year dawned almost 6 months ago, the world had every right to expect calmer seas ahead. After all, we had collectively lived through […]
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June 22, 2022

Everybody Loves a Government Watchdog … Until It Barks

It’s not clear when the label of watchdog was first attached to government auditors, but it has become a frequently used term for these hard-working public […]
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June 13, 2022

IS A GENERATION GAP FUELING AN INTERNAL AUDIT TALENT CRISIS?

The “great resignation,” coupled with a surging global economy and resulting labor shortage, is frustrating HR and management leaders in virtually every industry and profession. Internal […]
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June 6, 2022

5 STRATEGIES FOR MORE TIMELY INTERNAL AUDIT REPORTS

Lawrence Sawyer, one of the “fathers” of modern internal auditing once observed that, “Few sources of friction within the auditing department exceed that caused by the […]
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May 31, 2022

NEW ACFE FRAUD REPORT IS AN EXCELLENT RESOURCE FOR INTERNAL AUDITORS

I have been a proud member of The Association of Certified Fraud Examiners (ACFE) for more than 25-years. The organization is known and respected around the […]
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May 23, 2022

INTERNAL AUDITORS MUST BE CREDIBLE BEFORE THEY CAN BE INCREDIBLE!

As a young internal auditor, nothing was more frustrating to me than presenting a great internal audit recommendation or new idea to an audit client (or […]
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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 […]
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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 […]
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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 […]
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AuditBeacon.com is a resource center for internal auditors and risk professionals from around the world. In addition to more than 600 blogs authored by Richard Chambers, the site includes links to news and insights on internal audit and other information that illuminates the value of this important profession. AuditBeacon.com is provided as a service by Richard F. Chambers and Associates, LLC.

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