Internal Audit Independence and Objectivity

September 28, 2023

The Strange Case of the ‘Disappearing’ Internal Audit Department

Over the years, I have weighed in often on behalf of municipal/local government internal auditors who have been victims of the wrath of bureaucrats or politicians. […]
August 21, 2023

Gaslighting the Internal Auditors Should Never Succeed

The term “gaslighting” has enjoyed a resurgence in popularity in recent years. Its origins date back to a British play later made into a film during […]
June 30, 2023

Courageous Internal Auditors Know When to Walk Away

I frequently scan the headlines for articles related to internal audit. Some news reports are encouraging and indicate how the profession is making real progress. Others […]
February 6, 2023

​​​​‘Good Internal Auditors Ain’t Cheap’ and ‘Cheap Internal Auditors Ain’t (Always) Good’

OK, I know, my headline isn’t grammatically correct. But in full transparency, I repurposed the phrase from Norman Keith Collins, known popularly as Sailor Jerry,a prominent […]
January 31, 2023

Recent Advice on Hiring Internal Auditor’s You Can ‘Trust’ Is Misdirected

I frequently peruse various news feeds for articles on internal audit. Some of those written by non-internal auditors are quite good. Some are quite bad. And […]
January 24, 2023

Do Performance Bonuses Impair Internal Auditors’ Independence and Objectivity?

Internal audit functions are essential to effective risk management, control and governance. And vital to that effectiveness is independence of the function and objectivity of its […]
October 11, 2022

New Report Calls External Audit Independence The “Big Lie”

Calls for reform of external audits are nothing new. Proponents around the world are constantly advocating the need for greater independence of the individuals/firms who undertake […]
September 26, 2022

Internal Auditors – Beware of Your Own Ethical Lapses

Internal auditors are ethical, right? After all, we see ourselves as “beacons of ethical behavior,” shining a light on the misdeeds of others in our organizations. […]
July 25, 2022

Are Internal Auditors Influenced by ​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​’Beauty Bias?’

Shortly after I became a chief audit executive, a member of my team identified a fraud in the organization. We all knew the suspect, and there […]
June 30, 2022

Courageous Internal Auditors Don’t Wait For a Choir

This month marks the 20th anniversary of the internal audit at WorldCom that shined the light on a $3.8 billion financial reporting fraud. My recent article […]