Chambers on Internal Audit

March 12, 2018

Four Urgent Keys to Transforming Internal Audit

We are living in transformative times. Technology is accelerating the pace of change to breakneck speeds, demanding that we adapt, adopt, and accept change as a […]
March 5, 2018

When It Comes to Supply Chain, Count Your Chickens

In its own words, fast-food giant KFC had “a hell of a week” as it scrambled recently to manage a supply-chain disruption that left most of […]
February 26, 2018

Internal Auditors: More Than Cybersecurity Police

New guidance announced by the U.S. Securities and Exchange Commission last week is raising the bar on how publicly traded companies report on their handling of […]
February 19, 2018

Internal Audit Must Speak Truth to Power

“Speaking truth to power.” It is an expression that has been around for decades — often used in a social or political context. But it is […]
February 12, 2018

Truth Is, Fake News Has Always Been a Risk

Misleading or patently false information has long been a risk for organizations. A disparaging comment, even one with little or no foundation in fact, can leave […]
February 5, 2018

Internal Audit Advocacy: Actions Speak Louder Than Words

I am writing my blog this week from Panama, where delegates from more than 80 countries and territories around the world have gathered to discuss vital […]
January 29, 2018

When Good Accountants Go Bad, More Questions Are Raised Than Answered

I’m sure I visibly cringed when I read news accounts of criminal charges being brought against former U.S. Public Company Accounting Oversight Board (PCAOB) and KPMG […]
January 22, 2018

Without Trust, There Is No Trusted Advisor

In my recent book, Trusted Advisors: Key Attributes of Outstanding Internal Auditors, I explored what it takes to ascend to the level of trusted advisor in our […]
January 16, 2018

What Should Internal Auditors Do When the Empire Strikes Back?

Let’s be honest. The vast majority of internal audit engagements are positive and constructive. Internal auditors and the clients whose areas of responsibility are being audited […]
January 8, 2018

Jail Time for VW Exec Offers Important Lessons on Risks and Compliance

The seven-year federal prison sentence for former Volkswagen executive Oliver Schmidt has weighed on my mind since it was handed down in December. Schmidt led Volkswagen’s […]