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 […]
May 17, 2012

A Strong Ethical Compass: An Essential Trait for Internal Auditors

Internal auditors are ethical — right? After all, we think of ourselves as the “beacon of ethical light” in every organization. If you can’t trust the […]
May 10, 2012

Penny Wise, Pound Foolish

I admit that I am biased. As one who spent the majority of my audit career in the public sector, I strongly believe that government internal […]
April 16, 2012

Six Common Mistakes That Will Derail an Internal Audit

Over time, internal auditors tend to hear about a lot of things that went wrong. Unfortunately, it’s not just our clients who make mistakes — I […]
April 12, 2012

It’s Internal Audit White Paper Season – And They Are Packed With Great Information!

It’s that time of year again — the time of year when most of the important surveys about internal auditing seem to be published by way […]
April 3, 2012

Five Dilemmas Every Internal Auditor Will Face

As I have commented on numerous occasions, internal auditing can be a rewarding profession for those who enjoy making a difference in their organization. However, as […]
March 26, 2012

When the Finger Points at Us

Recent media coverage has focused on prosecutors who are scrutinizing a draft internal audit report from a globally recognized company in an attempt to determine whether […]
February 6, 2012

Five Proven Strategies for More Timely Audit Reports

In his iconic book Sawyer’s Internal Auditing: The Practice of Modern Internal Auditing, author Lawrence Sawyer observes that, “Few sources of friction within the auditing department exceed […]
January 17, 2012

Setting the Record Straight: The Real Internal Auditors at Olympus Have Not Been Implicated

Like everyone else, I have been following the Olympus financial scandal with great interest. My ears perked up with the first mention in the Western media […]