Chambers on Internal Audit

May 9, 2016

Every Step You Take – They’ll Be Watching You

One of the great benefits of being the head of a global professional organization​​​ is that I am privileged to travel frequently to meet with internal audit […]
May 2, 2016

The Question Should Be – “Where are the Internal Auditors”

There is an old joke that “an expert is someone from out of town with a slideshow.” Too often, when management needs expertise or advice, that […]
April 25, 2016

”Where Was Internal Audit” – Hopefully Following the Risks

As a global leader in the internal audit profession, among the questions I dread hearing the most is: “Where was internal audit?” When the whereabouts of internal […]
April 18, 2016

Internal Audit Should Be on Alert for “Phishy” Business

It is no longer news that cybersecurity is one of the top risks facing organizations today. Cyber criminals are exhibiting increasingly ingenious tactics to hack public […]
April 11, 2016

The Dangers of Assessing Risks Through a Political Lens

Earlier this year, I wrote how the Uber phenomenon should raise awareness of the risks associated with disruptive innovation. I noted that deciding whether Uber fits […]
April 4, 2016

Internal Audit’s Role When Activist Investors are at the Door

At The IIA’s recent General Audit Management conference, the leader of a group representing corporate directors characterized investor activism as one of the main things that […]
March 28, 2016

Five Attributes of Extraordinary Audit Committee Chairs

In the 21st century, corporate audit committees have become the sentries charged with guarding corporate financial integrity on behalf of weary shareholders. Their significance is not […]
March 21, 2016

When Boards Are Absent on CAE Pay, Reporting Relationships Are Window Dressing

I have written about the importance of the CAE’s reporting lines, but this can be a meaningless structure if not supported with substance. While a strong functional […]
March 14, 2016

Internal Audit’s Relationship With Management Can Say a Lot About Organizational Culture

I have been spending a great deal of time lately focusing on corporate culture. The number of high-profile corporate scandals in the past year made very […]
March 7, 2016

Too Many Boards Sit on Their Hands as CAEs Are Hired and 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 […]