Chambers on Internal Audit

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, […]
January 5, 2015

5 Resolutions for Every Internal Auditor’s List in 2015

This time each year, many of us reflect upon our accomplishments and identify areas for self-improvement, whether it’s to eat better, exercise more, or simply cut […]
December 18, 2014

Five 2014 Headlines That Had High Implications for Internal Auditing

As 2014 draws to a close, I am reflecting on the events that will have a lasting effect on our profession. Each year, various news reports […]
December 12, 2014

Five Personal Investments for Career Success

In my nearly 40 years in internal audit, I have worked for diverse organizations with immensely talented individuals from all corners of the globe. The experiences […]
December 8, 2014

When Internal Auditors Dissent: The Value of Pushing Back

A​s internal auditors, we know it’s essential to win consensus. We work hard to create a shared understanding of risks, and to gain buy-in for our […]