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September 17, 2012

Assurance on Risk Management Effectiveness: What Are We Waiting For?

For almost four years now, I have been advocating that the internal audit profession embrace the challenge of providing assurance on the effectiveness of risk management. I […]
September 4, 2012

Is Your Risk Assessment Stuck in Time?

There have been plenty of articles and lectures given on continuous auditing in recent years. There is no question that technology is making continuous auditing a […]
August 14, 2012

The Top Internal Audit Skills Being Recruited in 2012

I have written frequently over the past three years about the refocusing of internal auditing’s priorities around the world. The era of extensive focus on the […]
August 2, 2012

Drive-by Auditing: Don’t Be Guilty of “Hit and Run”

I have written extensively over the years of the need to improve the timeliness of internal audit results. Nothing undermines the value of an internal audit more […]
July 24, 2012

”We Are Here to Help You”: Managing Relationships With Skeptical Clients

​“We are here to help you!” This phrase seems so innocent, but at The IIA’s recent International Conference in Boston, I once again heard those six little […]
July 17, 2012

Internal Audit as a Pipeline of Talent

The concept of rotational internal audit staffing is not new. General Electric’s internal audit function, for example, has employed a purely rotational model and served as […]
July 2, 2012

Credibility: The Secret Weapon of Internal Audit Effectiveness

As a young auditor, nothing was more frustrating to me than presenting a great audit recommendation or new idea to an audit client (or “auditee” as […]
June 20, 2012

Five Classic Myths About Internal Auditing

Myths can tell us a lot about ourselves — or at the least, about how others see the world. But at times it seems that the […]
June 12, 2012

Internal Auditing: Is It a Career or a Career “Stepping-stone”?

When I joined the internal audit profession in the 1970s, it was widely understood that internal auditing was a career path. Young professionals, like I was […]
May 24, 2012

Are Enthusiastic IPO Investors Missing an Elephant in the Room?

The past few weeks have witnessed extensive media coverage of two subjects for which investors should have taken extensive note: 1) There are an increasing number […]