Internal Audit Insights

2020-04-06 11:44:22

How Internal Audit Leaders Are Responding to the Coronavirus Crisis

By Joseph McCafferty

April 06, 2020

Internal auditors maybe sitting in their home offices in pajamas, but that doesn’t mean they aren’t hard at work on helping their organizations’ respond to the coronavirus crisis. Instead, they are shifting into high gear to deal with the onslaught of issues the pandemic has wrought.

2020-03-16 11:14:06

Five Internal Audit Imperatives for Handling the Coronavirus Pandemic

By Joseph McCafferty

March 16, 2020

As the situation regarding the coronavirus continues to deteriorate, organizations face supply chain disruptions, the challenge of employees working from home, and plunging demand for many products and services. Internal audit can position itself as part of the solution by tackling these five critical to-dos.

2020-01-27 14:02:47

Eight Common Internal Audit Hiring and Retention Errors

By Joseph McCafferty and Jonathan Ngah

January 27, 2020

It’s more important than ever to have a robust recruiting and retention program for internal audit to hire the right candidates with the right set of skills and to keep star performers from leaving for other jobs.

2019-10-14 11:26:42

How Internal Audit Can Leverage Resources to Gain Needed Skills

By Joseph McCafferty

October 14, 2019

Internal audit leaders must be more resourceful in acquiring needed skills and capabilities to conduct audits in areas of emerging risk and new technologies.

2019-07-09 05:34:49

Nine Essential Skills for Internal Audit Success

By Hernan Murdock

July 02, 2019

Those entering the internal audit and compliance professions often wonder what they need to do to succeed in their new careers. There is a lot to learn. In fact, the general advice is to become lifelong learners. But there is also the constant pressure from within the department. Here, MISTI's Dr. Hernan Murdock lists nine skills and actions essential for success.

2019-07-02 05:47:18

Seven Key Internal Audit Actions for Success

By Hernan Murdock

July 02, 2019

The work of internal auditors and compliance professionals is filled with frameworks, regulations, and policies and procedures documents that define the path for operational effectiveness. Follow those guidelines, manage risk effectively and the likelihood of success increases. But what about our own success?

2019-06-25 05:04:28

Building the Internal Audit Function of 2020

By Dawn Papandrea

June 25, 2019

Your organization has decided to take the important step of creating an internal audit function, and you’ve been tasked to build it. Building out teams from scratch is always a challenge, but internal audit departments have an especially important role.

2019-06-18 05:04:48

Audit Writer’s Hub: Mentoring Better Writers

By Sarah Swanson

June 18, 2019

Here’s the truth about editing: editing is vital to producing a good audit report. It’s also tricky and time-consuming. Editing includes content changes, proofreading, grammar, wording, format, structure, and multiple revisions.

2019-05-07 05:20:10

Three Steps for More Confident Communication in All Aspects of the IA Role

By Jill Schiefelbein

May 07, 2019

In this feature article, communications expert Jill Schiefelbein provides internal auditors with three simple, important rules to help you communicate in a way that will position you as a more confident communicator within the business.

2019-04-30 05:10:14

Audit Writer’s Hub: 5 Editing Mistakes You Can Fix Right Now

By Sarah Swanson

April 30, 2019

It’s easy to overlook your own grammar errors. But you’ll be a better writer if you become mindful of your writing and correct your own editing mistakes. Here are five common editing mistakes we all make or might have questions about. Maybe a couple will resonate with you.

2019-04-16 05:55:43

Micro-Managing in Internal Audit: Stop Telling Professionals How to do Their Jobs

By Hernan Murdock

April 16, 2019

The work of internal auditors and compliance professionals is complex, challenging and often, unfortunately, under-appreciated by their clients. What makes matters even more stressful for these professionals is that their managers sometimes micro-manage them.

2019-04-02 05:25:29

An Expanded View of the Performance Audit Scope

By Hernan Murdock

April 02, 2019

Performance auditing is the review of a program or process, and the systems supporting it, to determine whether it is achieving the primary goals of efficiency, effectiveness, and economy in its use of available resources. These reviews are often done in government and non-profit entities, but they are equally important in the for-profit sector.

2019-03-26 05:50:22

Boosting Your Internal Audit Career Through Coaching and Mentoring Programs

By Hernan Murdock

March 26, 2019

Internal auditing is a complex field of work that is undergoing significant changes. Today's internal auditors are tasked with managing their careers, so they remain relevant in the short and longer terms. Given this complex environment, it is not surprising that mentoring and coaching have emerged as essential tools to help auditors grow professionally.

2019-03-21 05:33:40

Give your Readers a Boost: 5 Tips to Using the Right Transition

By Sarah Swanson

March 21, 2019

Transitions are those juicy, bite-size gourmet words that connect ideas, sentences, paragraphs, and even sections. Too often, we can misuse, overuse, or omit transitions. This article covers how to use transitions to improve clarity in your reports.

2019-03-19 05:18:02

Strategic Messaging and Influencing Skills: A Framework for Internal Auditors

By Jill Schiefelbein

March 19, 2019

Last month in an article about setting the stage for better decision-making we learned about four elements that you should be considering before you even form the words you want to say. This month it’s all about the messaging.

2019-03-14 05:29:14

Co-Establishing the Need: Internal Audit’s Role in Getting Buy-in at the Client Level

By Jill Schiefelbein

March 14, 2019

One of the most overlooked, but essential, elements of the persuasive process is establishing a definite need in your to-be-persuaded-audience’s mind. In other words, how does the client know that they need what you have to offer? Here, we explore the topic.

2019-02-26 05:45:45

Communication Skills for Junior Auditors: What to Know and Why

By Jill Schiefelbein

February 26, 2019

There are some common communication mistakes that junior auditors make. Lucky for you, this article is going to point these foibles out and show you how you can change the trajectory of your communication to show confidence, not self-consciousness.

2019-02-14 05:27:48

5 Translation Tips to Help Any Audit Report Writer

By Sarah Swanson

February 14, 2019

If you work for a global company, chances are your documents are undergoing some sort of language translation – from English to other languages or vice versa. But even if your company doesn’t do any translations, learning how to write for translation can improve your skills as a writer and create sharper audit reports.

2019-02-05 05:03:02

Fraud Investigation Reports vs. Audit Reports: What’s the difference?

By Sarah Swanson

February 05, 2019

As fraud investigations get folded into the internal audit department, some audit shops are tempted to frame a fraud report in the same format and tone as the audit report. The idea couldn’t be more wrong. Read on for ways to present a full and succinct fraud investigation report using report design, content, and tone.

2019-01-29 05:41:51

Audit Writer’s Hub: Does Your Report Format Fit Your Needs?

By Sarah Swanson

January 29, 2019

Every company has a different way to communicate and a different report format to use. Well, there is no best way – each format has its pros and cons and you have to weigh the benefits of each format for your audience.

2019-01-24 05:58:14

How People Decide: Setting the Stage for Optimal Decision Making

By Jill Schiefelbein

January 24, 2019

Most advice people have regarding decision making is along the line of, “weigh your options”, “get outside advice from a trusted source”, or “look at the cost-benefit or ROI”. That advice is fine and dandy, but it ignores one key fact: If the stage on which the decision is made isn’t set appropriately, the decision may not be the best. Here are four steps to set the stage for productive conversations and more efficient decisions.

2018-12-25 05:09:07

The Three-Part Approach to Closing the Audit Plan

By Ernest Anunciacion

December 25, 2018

Effectively closing the audit plan and landing on specific action items to pursue can be a challenge. In this contributed article, Workiva's Ernest Anunciacion provides three steps to close this year's audit plan and prepare for next year.

2018-12-20 09:38:43

The Dos and Dont’s of Navigating Touchy Audit Interviews Through Language

By Marcos Colón

December 20, 2018

Communication's expert Jill Schiefelbein chats with Internal Audit Insights and offers up her take on what makes audit interviews so difficult for the modern-day internal auditor, and also offers up specific advise you can use during your next audit interview to ensure you're navigating those encounters effectively.

2018-12-11 05:29:35

Audit Writer’s Hub: Delete the Nothings and Get to Something

By Sarah Swanson

December 11, 2018

In this edition of the Audit Writer's Hub, we specifically tackle some of the pesky nothings – unimportant sentences, filler phrases, and negative phrasing – that creep into our writing and how to get rid of them.

2018-12-06 05:19:51

High-Impact Skills for Developing and Leading Your Audit Team

By Marcos Colón

December 06, 2018

MISTI’s Dr. Murdock shares what the status of the internal auditor is today, in addition providing some key audit leadership techniques that many up-and-coming audit leaders are commonly unaware of.

2018-12-04 05:19:50

The Three Key Elements of Professional Skepticism

By Hernan Murdock

December 04, 2018

Professional skepticism is a critical component of an internal auditor's duty of care that applies throughout any engagement. It's an attitude that includes a questioning mind and a critical assessment of the appropriateness and sufficiency of audit evidence. Here are the three key elements of skepticism you should know.

2018-11-06 05:51:12

Leveraging Virtual Team Meetings as Part of the Internal Audit Process

By Jill Schiefelbein

November 06, 2018

Many internal audit teams are not using video conferencing and virtual meetings to their advantage. When they're set up for success, research shows that virtual teams can be more effective in solving quick, simple problems than face-to-face teams.

2018-11-06 05:45:05

Leveraging Virtual Team Meetings as Part of the Internal Audit Process

By Jill Schiefelbein

November 06, 2018

With increased access to cost-effective and user-efficient digital communication technologies that allow people to intentionally or spontaneously connect from any place, at any time, we have opportunities to collaborate like never before.

2018-10-25 05:21:36

Common Visual Cues that Could Send Your Audit Client the Wrong Message

By Jill Schiefelbein

October 25, 2018

As an internal auditor, it’s not just your words, it’s the absence of words or untimely words that could still convey a message to an audit client. It’s not only your actions, but it’s also the lack of action. All of these aspects result in communication. Communications expert Jill Schiefelbein explains more.

2018-10-16 05:27:49

How to Make Findings and Recommendations More Persuasive

By Hernan Murdock

October 16, 2018

Persuasion is an important aspect of internal auditing that doesn’t receive enough attention or coverage. Internal audit's job is to verify that conditions and practices are as expected, and to identify opportunities for improvement within organizations. But how does persuasion play into this?

2018-10-11 05:21:08

Can Internal Auditors Perform Advisory Reviews While Remaining Independent?

By Nancy Luquette

October 11, 2018

Is serving as an advisor and maintaining internal audit’s essential responsibility of objectivity, free of management influence, possible? Spoiler alert: Yes. And it’s both necessary and crucial to the internal audit profession’s standing in any organization.

2018-10-09 05:51:36

How Internal Auditors Can Change How Audit Clients Listen to Them

By Jill Schiefelbein

October 09, 2018

In a perfect world, the client is receptive, understands each recommendation, and takes immediate corrective action. But we all know that perfect world doesn’t exist. In this informative feature, communications expert Jill Schiefelbein explains what internal auditors can do to make audit clients more receptive to their communication.

2018-09-27 05:40:36

Common Audit Committee Questions on Cybersecurity

By Marcos Colón

September 27, 2018

Internal Audit Insights catches up with Yulia Gurman, Director of Internal Audit and Corporate Security at the Packaging Corporation of America on the common questions that audit committee members have tied to cybersecurity, and what IT auditors should prepare for.

2018-09-18 05:25:43

Audit Writer’s Hub: 3 Tips for using Criteria

By Sarah Swanson

September 18, 2018

In audit report writing, we’re all pretty well tethered to writing the 5C’s of an audit issue, namely the criteria, condition, cause, consequence, and corrective action. In this edition of the Audit Writer's Hub, MISTI instructor Sarah Swanson focuses on criteria.

2018-09-13 05:27:15

Using Cause and Effect Diagrams to Find the Root Cause of Issues

By Hernan Murdock

September 13, 2018

One of the challenges internal auditors encounter when analyzing a finding is identifying the root cause of the problem. This is where the Cause and Effect Diagram can help. In this featured post, MISTI's Dr. Hernan Murdock explains how and why.

2018-09-11 05:30:09

A Call to Internal Audit: Don't Just Write, Tell a Story!

By Ross E. Wescott MA CISA CIA CCP CUERME

September 11, 2018

Internal auditors do not always come into the profession knowing how to write well. That's why there's so much material available on writing clearly. Internal auditors do not always come into the profession knowing how to write well. But what if there was a way to transform an internal auditor's written and spoken communication?

2018-08-30 05:08:40

The Pareto Diagram: A Tool for Internal Audit to Focus on What Matters Most

By Hernan Murdock

August 30, 2018

As internal auditors increase their use of data analytics to better understand process characteristics, isolate issues and perform more accurate root cause analysis, the Pareto Diagram continues to grow as a useful tool for them.

2018-08-28 05:21:45

Visual Cues to Make Your Audit Interviews More Manageable

By Jill Schiefelbein

August 28, 2018

We’ve provided tips on how internal auditors can become better presenters, but in this feature article communication’s expert Jill Schiefelbein highlights some visual cues internal auditors should take note of; from physical gestures to furniture placement.

2018-08-07 05:01:58

Leveraging Virtual Team Meetings: Four Tips for Success

By Jill Schiefelbein

August 07, 2018

With distributed workforces and flexible workstyles, virtual team meetings are becoming commonplace in the internal audit function. Many times, though, virtual meetings aren’t taken with the same level of seriousness as in-person meetings are.

2018-07-31 05:24:57

Audit Writer’s Hub: 3 Steps to Improve Risk Statements

By Sarah Swanson

July 31, 2018

If you’ve ever read or written a sentence along the lines of “Financial misstatement could lead to financial loss,” or “Non-compliance with policies” (what does that even mean anyway?), then read on for some tips to improve the risk statement.

2018-07-24 05:01:58

Using Scatter Diagrams to Understand Numerical Relationships

By Hernan Murdock

July 24, 2018

Scatter diagrams can help find the answer to many questions. Internal auditors can leverage them to analyze pairs of numerical data and show the relationship between two variables. In this feature write-up, MISTI's Dr. Hernan Murdock highlights their benefits.

2018-07-17 05:53:14

Being Creative While Conducting Internal Audits

By Hernan Murdock

July 17, 2018

Creativity is the use of imagination or original ideas, but it's not that important for internal auditing. Given that reporting rules and regulations are non-negotiable, there is little room for creativity and original ideas, right? Wrong! Here's what you can do to be creative while conducting audits.

2018-04-24 11:40:42

Audit Writer’s Hub: Dollar-Menu Burgers and Grammar Passive Voice and 3 Steps to Fix Your Sentence

By Sarah Swanson

April 24, 2018

Even if you’re a dollar-menu writer now, that does not mean you always will be. Anyone can become a gourmet audit report writer. Over the next few weeks, Audit Writer’s Hub articles will focus on specific writing tips to help you begin crafting your gourmet issues. This week, we look at passive voice.

2018-04-12 05:02:57

Audit Writer’s Hub: Tone and the Chicken Little Dilemma

By Sarah Swanson

April 12, 2018

By improving the tone of the audit report, auditors maintained – if not, increased – the integrity of findings and developed better relationships with their clients. Rather than brutal honesty, auditors became humanely honest. Here are four strategies to improve tone in your audit reports.

2018-04-05 06:13:48

How Internal Audit Can Benefit From Force Field Analysis

By Hernan Murdock

April 05, 2018

Auditors in search of a great decision-making tool to identify the forces for and against a course of action should look no further than Force Field Analysis. In this feature by MISTI's own Dr. Hernan Murdock, he details how internal audit can leverage this technique.

2018-03-29 06:30:00

The Problem With Most Audit Reports

By Norman Marks

March 29, 2018

How do our stakeholders on the board and in top management assess the value of internal audit? What do we give them? What do they have on which to base their assessment?

2018-03-22 06:36:53

The Fundamental Components of Evaluating Your Audit Team

By Jill Schiefelbein

March 22, 2018

Performance reviews are often viewed as arduous, time-consuming tasks. But they don’t have to be. Business communication expert Jill Schiefelbein dissects the two different aspects of evaluating one's audit team.

2018-03-20 06:14:18

Audit Writer's Hub: 9 Ways to Take Pride in Your Email

By Sarah Swanson

March 20, 2018

A quick ask on social media about pet peeves in email etiquette unleashed a tirade of email annoyances from friends and acquaintances. The list of email frustrations is enough to make anyone self-conscious, because we’ve all committed email blunders of our own. This week, we review email etiquette for auditors.

2018-03-15 06:12:26

8 Areas of Waste for Internal Auditors

By Hernan Murdock

March 15, 2018

Dr. Hernan Murdock highlights eight areas of waste for internal auditors, and how they can add value to their clients by identifying waste and inefficiency.

2018-03-06 06:12:38

5 Signs You Have a World-Class Audit Team

By Sarah Swanson

March 06, 2018

In this feature article, we catch up with one subject matter expert that discusses the qualities that world-class audit teams possess. Perhaps all these qualities are alive and spinning on your team right now. Or maybe the following will touch upon qualities worth recommitting to on your audit team.

2018-03-01 18:25:18

How to Leverage Surveys in Internal Audit

By Hernan Murdock

March 01, 2018

Surveys can benefit internal audit when it comes to reviewing intangible topics such as corporate culture, entity-level controls, and an ethical environment. In this feature article, we highlight the critical stages of conducting and designing effective surveys.

2018-02-22 06:21:37

Preparing for the Future Class of Internal Auditors

By Marcos Colón

February 22, 2018

In this video interview with Glenn Sumners, Director of LSU's Center for Internal Auditing, he discusses what attracts his students to the internal audit program at LSU, what you can expect from the next crop of internal auditors, and how you can help them adjust to the internal audit department of today.

2018-02-15 06:17:22

Audit Writer's Hub: 7 Steps to Writing Better Root Causes Part 2

By Sarah Swanson

February 15, 2018

Picking up where we left off in part one of this two-part series, here we discuss strategies to determine if findings really need RCA and tips for discussing RCA with the audit client.

2018-02-13 06:27:47

Audit Writer's Hub: 7 Steps to Writing Better Root Causes Part 1

By Sarah Swanson

February 13, 2018

If done well and communicated properly, reporting the root cause can be the glue your report needs to tie findings to the overall health of the company and create significant change for the business. This article provides some strategies to use in writing and communicating root cause in audit findings.

2018-02-08 06:08:52

How Internal Audit Can Get More Information From Flowcharts

By Hernan Murdock

February 08, 2018

Drawing flowcharts can be time-consuming, but internal auditors can gain a wealth of information during and after preparing them. By following these suggestions the benefits will far exceed the costs.

2018-01-04 15:57:22

Audit Writer's Hub: 7 Steps to Overhaul Your Audit Report

By Sarah Swanson

January 04, 2018

This article won’t show you exactly how the report should look, but will you give you some of the basics to expunge elements of the old audit report so you can make room for the new audit report.

2017-12-28 07:47:48

How to Make Sure Every Audit Focuses on What Matters Most

By Hernan Murdock

December 28, 2017

An audit is a complex undertaking that requires internal auditors to examine documents, speak with employees, observe business practices, and evaluate controls in business programs and processes.

2017-12-12 06:16:01

Audit Writer’s Hub: The Art of Tidying Up Narratives

By Sarah Swanson

December 12, 2017

Today, we’ll be cleaning out the metaphorical “auditor’s closet.” The auditor’s closet comes stashed with a variety of documents that identify, document, record, and communicate specific controls for both you and whoever needs to review these controls in the future.

2017-12-07 06:01:44

Remain Relevant as an Internal Auditor by Doing This

By Marcos Colón

December 07, 2017

In this exclusive video interview with Internal Audit Insights, MISTI's Dr. Murdock offers up key steps that internal auditors should take to remain relevant and continue to add value to the business.

2017-11-21 06:23:48

Audit Writer’s Hub: Is Your Audit Report written to a flock of Wild Turkeys?

By Sarah Swanson

November 21, 2017

Between varied audiences and modern communication standards (dense information in few words), internal auditors must make sure they’re writing to their end audience.

2017-09-05 06:25:08

To Reward or Not to Reward – The Very Important CAE Question

By Tom O'Reilly

September 05, 2017

The Apprentice, Top Chef, and Project Runway are three of the most successful reality TV competition shows in the United States.

2017-08-31 06:25:58

Why Internal Auditors Should Use the 5 Whys Method for Root Cause Analysis

By Hernan Murdock

August 31, 2017

The Five Whys is one of the simplest tools for cause analysis. It is easy to use, and the approach consists of asking “why” multiple items, each of which probes further into the source of the problem.

2017-08-29 06:26:50

Audit Writer’s Hub: Three Editing Tips to Keep Up the Sentence Flow Mojo

By Sarah Swanson

August 29, 2017

Good content is necessary, but ensuring that good content is written well is another experience on its own. Here, we dive into three areas that improve sentence flow: topic sentences, transitions, and filler phrases.

2017-08-24 06:30:49

Turning Front-Line Internal Auditors into Customer Service Envoys

By Karen Kroll

August 24, 2017

Leading internal audit departments are empowering their teams to handle auditees with the same care as they would treat customers.

2017-08-15 05:19:04

Audit Writer’s Hub: 6 Strategies that Streamline Audit Issue Writing

By Sarah Swanson

August 15, 2017

An audit issue with too much information – was there ever such a thing? Definitely! If you are deviating from these 6 strategies, you might have a long audit issue that says nothing at all.

2017-07-25 07:20:07

Seven Keys to a Better CAE

By Tom O'Reilly

July 25, 2017

The following seven CAE best practices may help you both better position your team to improve the performance during each of their projects and better position internal audit as a go-to resource for business leaders.

2017-07-18 07:39:33

Don’t George Costanza Your Next Internal Audit Meeting

By Michael McShea

July 18, 2017

Internal auditors would fare well-taking inspiration from these iconic Seinfeldisms and keeping the following five ideas in mind to better structure their meetings and help them be more efficient.

2017-07-11 07:30:10

Are You Building a Marketable Internal Audit Career? You Should Be!

By Daniel A. Clark

July 11, 2017

Chief audit executives may have a more established brand, while upwardly mobile internal auditors are likely still working to establish their brands.

2017-04-25 11:00:49

Four-Part Series: Creating a Customer Service Oriented Internal Audit Department

By Karen Kroll

April 25, 2017

More internal audit departments are calling the functions, units, and subsidiaries they audit by a new name—customers—and treating them as such.

2017-03-30 12:04:01

Eight Things the Board and C-Suite Want from Internal Audit

By Joseph McCafferty

March 30, 2017

Internal auditors realize they must pay closer attention to what their stakeholders—namely boards and executive management—expect of them and whether these expectations are being met.

2017-03-23 10:30:00

A Day in the Life of an Internal Audit Supervisor

By Joseph McCafferty

March 23, 2017

Internal Auditor Spotlight with Devin Potter, a Supervisor in the Risk Advisory Services business at RSM. We recently sat down with Devin to talk about the internal audit profession.

2016-12-22 11:20:00

The Top 10 MISTI Internal Audit Articles of 2016

By Joseph McCafferty

December 22, 2016

It's been a busy year for internal audit. Below are the top 10, most read articles from MISTI's Internal Audit Insights for 2016.

2016-12-14 11:35:00

Who Should Evaluate the Performance of the Internal Audit Leader?

By Joseph McCafferty

December 14, 2016

North American companies lag their international peers when it comes to having the audit committee, rather than the CEO, evaluate the performance of the chief audit executive.

2016-11-02 08:00:00

SuperStrategies 2016 Recap and Learnings

By Joseph McCafferty

November 02, 2016

Several themes emerged during this year's SuperStrategies 2016 event, which was held in September in Las Vegas, as internal audit executives gathered to learn and exchange ideas on successful strategies and to gain insights.

2016-10-07 14:30:00

Bridging Internal Audit’s Talent Gap

By Joseph McCafferty

October 07, 2016

Not only are salaries rising for internal auditors, making it more expensive to hire good applicants, but the array of skills needed for today's internal audit departments are incredibly varied.

2016-09-21 10:08:00

MISTI on Audit: Why the Traditional Internal Audit Staffing Model Is Becoming Archaic

By Joseph McCafferty

September 21, 2016

It's no secret that internal audit departments are doing a wider variety of audits that increasingly take them outside the financial reporting sphere. They are also changing the way they staff the department to keep up with that trend.

2016-09-06 10:00:00

Conducting Audits of Marketing and Media Programs

By Angela Saferite

September 06, 2016

Cash rebates, free media inventory rebates, markups from 30 to 90 percent, dual rate cards, and non-transparent business practices are all things that can keep senior audit managers and audit committee members of the board awake at night.

2016-08-31 10:00:00

Leveraging Diversity of Thought in Internal Audit

By Stefanie Diaz Thibeaul

August 31, 2016

It's hard to justify recruiting great talent, investing in training, and passing on company knowledge, only to find that those recruits eventually leave for competitors because they didn't feel engaged.

2016-03-09 15:00:00

Small Internal Audit Shops Struggle With Quality Reviews

By Joseph McCafferty

March 09, 2016

No one doubts the value of conducting a Quality Assurance Review (QAR) to gauge how well the internal audit program is meeting its goals.

2016-03-02 13:30:00

Dusting Off Those Continuous Auditing Plans

By Joseph McCafferty

March 02, 2016

Back in 1980, a popular accounting magazine asked: "Are we ready for continuous auditing?" That publication is no longer in circulation, but decades later, this question remains relevant.

2016-03-02 12:00:00

Protecting the Independence and Objectivity of CAEs

By Joseph McCafferty

March 02, 2016

IIA's proposed standards changes urge internal audit leaders and boards to further safeguard objectivity.

2016-02-18 08:00:00

Hallmarks of a World-Class IT Audit Shop

By Fred Roth

February 18, 2016

As the use of information technology continues to proliferate so do the associated risks organizations face.

2016-02-04 16:07:00

Changing Standards for a Changing Profession

By Joseph McCafferty

February 04, 2016

Earlier this week the IIA proposed changes to its International Standards for the Professional Practice of Internal Auditing, which guide effective and acceptable professional practices and behaviors.

2016-01-15 11:14:00

Beyond the Usual Suspects

By Joseph McCafferty

January 15, 2016

Having trouble finding talented individuals to fill internal audit roles? Maybe you’re looking in the wrong places.

2016-01-11 14:53:00

Dispelling the Myth of the Introverted Internal Auditor

By Joseph McCafferty

January 11, 2016

You’ve heard the jokes, I’m sure: “How do you tell an extroverted accountant? He’s the one that looks at your shoes when he’s talking to you.”