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March 7, 2016

Too Many Boards Sit on Their Hands as CAEs Are Hired and Fired

Independence and objectivity are ​hallmarks of great internal audit functions and the professional men and women who lead them. Against this backdrop, the prevailing model for […]
February 29, 2016

To Be “Agents of Change,” Internal Auditors Must Embrace Change

One of my favorite quotes in motivating internal auditors of the urgency to change when warranted is drawn from the Danish philosopher Soren Kierkegaard, who noted, […]
February 22, 2016

Five Powerful Statistics About Internal Audit From CBOK 2015

The IIA Research Foundation undertakes a global survey every five years to assess the state of the practice of the internal audit profession. This Common Body […]
February 15, 2016

Is Disruptive Innovation an “Uber” Risk for Internal Audit?

On a recent trip to Paris, I arrived at the airport on the first day of a taxi strike protesting Uber, the rival upstart that has […]
February 8, 2016

Proposed Changes to IIA Standards Will Raise the Bar Again

The IIA has unveiled proposed changes to its International Standards for the Professional Practice of Internal Auditing (Standards), and announced a 90-day exposure period — Feb. […]
February 1, 2016

Risk, No Action” Doesn’t Justify “Risk, No Audit”

A recently released EisnerAmper report, Concerns About Risks Confronting Boards – 2015 Survey, includes an interesting warning the authors describe as “risk, no action.” The report […]
January 25, 2016

What 2015’s Top 10 Blogs Tell Us About Internal Audit

I have written many times in this blog of the challenges and opportunities that a dynamic and fast-paced global marketplace creates for organizations and the internal […]
January 18, 2016

Has VW Put Its Transparency Efforts in Reverse?

When is an apology really an apology? When is contrition a reflection of true regret? When is a pledge for transparency more than just a hollow […]
January 11, 2016

Internal Audit: More Than Brakes, It’s Part of the Navigation System

I am always on the lookout for clever ways to describe internal audit’s role in an organization. Elevator speeches are fine when you have 60 seconds […]
January 4, 2016

Five Resolutions for Every Internal Auditor’s List in 2016

New Year’s resolutions typically are made in the midst of good feelings surrounding the holidays as we look back at the past year’s accomplishments. That’s what […]