Chambers on Internal Audit

March 16, 2015

Pulse of Internal Audit Reveals Strong Workout May Be in Order

This year marks the 40th since I began my career in internal auditing. I have seen huge changes over that time, not only in technology and […]
March 3, 2015

Internal Audit Enjoys Home-field Advantage in the Fight for Cybersecurity

Cybersecurity continues to be a major concern for businesses, with seven in 10 chief audit executives surveyed identifying it as a high or critical priority, according […]
March 2, 2015

Contributing Your Voice to Internal Auditing’s Body of Knowledge

Professions that do not grow and evolve are doomed to irrelevancy. The profession of internal auditing is no different. If internal auditors in the 21st century […]
February 23, 2015

Clawbacks on Executive Pay: Where Does Internal Audit Fit In?

A recent report in the Wall Street Journal once again brings into sharp relief just how the repercussions of a crisis can play out. The Feb. […]
February 16, 2015

When It Comes to Risk-based Auditing, Don’t Let the Tail Wag the Dog

At last count, more than 80 percent of internal audit departments assess risks as part of their audit planning process. So, why is it that legitimate […]
February 9, 2015

Are There Things Audit Committees Would Rather Not Hear From Internal Audit?

In Extraordinary Circumstances, Cynthia Cooper’s riveting account of internal audit’s role in unraveling the financial reporting fraud at WorldCom, she recounts the challenges she had in securing an […]
February 3, 2015

How Are Audit Committee Views of Internal Audit Shaping Up in 2015?

Welcome to what I call “white paper season” for internal auditors. Around this time each year, a number of survey-based white papers are released that provide […]
January 27, 2015

What Internal Auditors Can Learn From the Blizzard, Measles, and Underinflated Footballs

During the early years of my intern​al audit career, the Internet did not exist. In some ways, those were the “good ol’ days!” Today, social media […]
January 21, 2015

Internal Audit Credibility Springs From 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 […]
January 12, 2015

An Internal Audit Dilemma: When Management Goes Rogue

If we learned anything from the global financial crises of 2008, it was this: When boards of directors fail in their oversight responsibility of risk management, […]