Chambers on Internal Audit

June 10, 2013

Five Words to Banish From the Internal Audit Dictionary

I recently spoke at a conference where one of the sessions was called “Four Most Dangerous Words in Finance.” It reminded me of a blog I […]
June 3, 2013

NASDAQ Hesitates in Its Quest to Mandate Internal Audit

As we recently learned, NASDAQ has withdrawn a proposed new rule (PDF) requiring that companies listed on the exchange establish and maintain an internal audit function, citing push-back […]
June 1, 2013

Cultivating Soft Skills

In an era of sophisticated data analytics, Larry Harrington, chief audit executive (CAE) of Massachusetts-based Raytheon Co., relies on a relatively old-school key performance indicator (KPI) […]
May 29, 2013

Effective IGs Are Watchdogs, Not Lapdogs

This year marks the 35th anniversary of the U.S. Inspector General Act of 1978 — the landmark legislation that created the audit and investigative agencies that serve […]
May 24, 2013

Is Your Audit House Shatterproof?

You’ve heard the expression, “People who live in glass houses shouldn’t throw stones.” A corollary drawn from a presentation I share with government auditors, though applicable […]
May 13, 2013

​Do You Live Your Life in Color?

Last month, I lost two people who had an important influence on my life. One was a dear relative and the other a close personal friend […]
May 6, 2013

Small Rocks Can Cause the Biggest Waves

Some time back, I blogged about “big impact” audits, those career milestones we look back on with the satisfaction of knowing that our work, and profession, made […]
May 1, 2013

Five Probing Questions the Audit Committee Should Be Asking the CAE

No relationship for a chief audit executive (CAE) has been transformed more over the past decade than that with the audit committee. According to The IIA’s Audit […]
April 22, 2013

Google Glass: Should Internal Auditors Wear It?

One of the occasional criticisms of internal auditors is that we are not as innovative as some in other professions. There is a grain of truth […]
April 11, 2013

2013: An Exclamation Mark On a Decade of Progress!

A couple of weeks ago, I responded to a U.S. Securities and Exchange Commission (SEC) request for input on a proposal that NASDAQ-listed companies have an […]