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July 28, 2011

The Hunger for Risk Appetite

There is no doubt that when it comes to risk, the internal audit profession is maturing. A few years ago, annual risk assessments were considered a […]
June 25, 2011

Drawing the Line: From Professional Skepticism to Suspicion

I enjoy working with new auditors, in part because they so often see the world in terms of clear black-and-white issues. “Should we do an audit?” […]
June 6, 2011

As Governments Teeter Financially – Government Auditors Can Help

The global financial crisis has played out over the past two years like a “slow motion” train wreck. Following the spectacular implosions of iconic financial services […]
May 20, 2011

Crisis Management: The Inevitability of the Unlikely

Mary Poppins had it right: Impossible things are happening every day. Or at the least, extremely improbable things are happening all around us. In these uncertain […]
April 18, 2011

Better Never Than Late

The iconic Larry Sawyer once observed that “few sources of friction within the audit department exceed that caused by the process of report writing.” Sawyer went on to […]
April 18, 2011

Better Never Than Late

​​The iconic Larry Sawyer once observed that “few sources of friction within the audit department exceed that caused by the process of report writing.” Sawyer went on to […]
March 28, 2011

It Doesn’t Take a Clown to Audit the Circus

Over the past two years, I have heard executives complaining ​with increasing frequency that “internal auditors just don’t understand the business.” My sense is that some […]
March 7, 2011

Stakeholder Expectations: How Do You Assess Them?

In my last blog entry, I explored the concept of internal auditing’s stakeholders and who I thought they were. I identified the primary stakeholders of a typical […]
February 9, 2011

So, Who Are Internal Audit’s Stakeholders?

In my last blog entry, I cited some emerging challenges and identified five key priorities that chief audit executives (CAEs) should be pursuing as 2011 gets underway: […]
January 14, 2011

Enough Celebrating – It’s Time to Fill the Glass

The past three years have been both remarkable and challenging for internal auditors. We have demonstrated remarkable agility in swiftly refocusing our efforts to address emerging […]