May 12, 2025
An unfortunate truth is that risk and control failures frequently can and do happen despite internal audit’s best efforts. This reality has resulted in far too […]
April 15, 2025
Corporate history showcases many failures where boards were unprepared. Postmortems often assign blame to poor management, fraud, or external threats but overlook a key question: Who […]
February 13, 2025
As I have noted in recent months, the first half of the 2020s was one of the most disruptive periods in decades. For more than five […]
February 2, 2025
Last month, The IIA’s new Global Internal Audit Standards went into effect, ushering in a new era in modern internal auditing. Much has been written and […]
December 18, 2024
Since launching my website in 2021, I have been blown away by the response from internal auditors and others around the world. A main feature of […]
December 5, 2024
In a recent blog, I delved into The Art of Deceiving an Audit Committee. I highlighted that management doesn’t necessarily need to lie to mislead an […]
October 28, 2024
In her iconic book, Extraordinary Circumstances, former WorldCom chief audit executive (CAE) Cynthia Cooper recounts her challenge of bringing to the audit committee’s attention more than […]
October 3, 2024
Over the years, I have read countless external quality and peer review reports on internal audit functions. The reports typically include an assessment of whether the […]
August 27, 2024
I was recently contacted by a newly appointed audit committee member who was assuming the role for the first time. He wanted to pick my brain […]
June 10, 2024
Those who follow me know that I have long been an outspoken defender of internal auditors and chief audit executives who are victims of retaliation, or […]