How to Make Internal Audit Harder

Posted on Feb 27, 2013

All right you wimps. I'm tired of hearing the whining, the moaning, the bellyaching, the complaining, the kvetching, the griping, grumbling, and grousing. Yeah, auditing is hard. But it is stress that strengthens us. And it is time we took it up a notch. If we want to be the best danged auditors we can be, then we need to make our jobs even harder.
continue reading...

The Limitless Possibilities of Wondering Where to Start

Posted on Feb 25, 2013

There is nothing more intimidating than a blank sheet of paper. Any author will tell you that writer's block is only made worse by the blank page. Anyone who does brainstorming sessions will tell you that the toughest part is getting that first person to throw out that first idea. Any auditor will tell you that the unfilled audit program framework produces more fear than the need to update the one from the previous year. The possibilities and potentialities that exist with a blank sheet overcome us – there is so much that can be done, and there is so much that can be done wrong.
continue reading...

A Quick Note About Accomplishment

Posted on Feb 22, 2013

When you complete that last audit, when your cubicle is haunted by the ghosts of audits past, when St Peter completes the tally to determine if you are worthy of being part of the celestial administration responsible for counting harps and verifying that wings are distributed two to a person and ensuring segregation of duties exists so the individual recording who enters heaven is not the same individual responsible for reconciling those totals...

continue reading...

The Stages of Audit Finding Grief

Posted on Feb 20, 2013

The statistics do not lie; 67% of all people have experienced the pain, the loss, the tragedy of…an audit finding. It is an ugly and unforgiving time when our emotions are on edge, our souls are laid bare, and our shortcomings have been reported to the world. It is nothing we would wish on our best friends, our worst enemies, or that guy who introduced us to our ex. But it is as inevitable as taxes and performance reviews.

continue reading...

Lessons from SNL - Part 4

Posted on Feb 19, 2013

I know that no one believed we would ever make it but, yes, we are finally at the last installment of "Lessons from Saturday Night Live". We've been using what I considered to be a particularly poor episode of SNL (one starring Mr. Justin Bieber) to draw some parallels between the problems SNL exhibited and those faced by internal audit. I now have one last lesson I'd like to share. And this time, it really has nothing to do with Mr. Bieber.

continue reading...

Lessons from SNL - Part 3

Posted on Feb 18, 2013

Last week, because of what I perceived as a particularly flawed episode of Saturday Night Live which starred Justin Bieber, I started what has (surprise, surprise) turned into a rather long discussion of the lessons internal audit can learn from that show.  Today we are going to move on to a discussion of how chasing the latest fads can negatively impact risk and audit planning.
continue reading...

A Quick Note About Unexpected Connections

Posted on Feb 15, 2013

Fortune favors the prepared mind.
 
Serendipity is just another word for finding what you already knew you were looking for.
 
Pay close attention by turning the other way.
Look out!  Incoming!!!
continue reading...

The Most Interesting Auditor in the World - One More Time

Posted on Feb 13, 2013

Even more about the most interesting auditor in the world.

continue reading...

Lessons from SNL (Part 2)

Posted on Feb 12, 2013

Yesterday I started what was going to be a simple diatribe about the most recent edition of Saturday Night Live and use it to provide some brief lessons for internal audit. Well, it quickly got out of hand with that first post focusing on how entities, departments, and people never experience steady improvement. And it also led to a discussion of how each of us have to take responsibility for ensuring that development continues even in the midst of plateaus and valleys.  With that out of the way, it is now time to come through on my promise to discuss what went wrong with last Saturday night's SNL, and use that to provide more lessons for the profession.
continue reading...

Lessons from SNL - Part 1

Posted on Feb 11, 2013

One of the great things about having a blog like this is that I have been given relatively free rein to go off on whatever tangent attracts me at the moment. (Squirrel!!) When this blog was first proposed, the title "From the Mind of Jacka" was suggested. I said then as I say now – be careful, I live in that mind and it scares me. It was also discussed that the focus would be on my thoughts regarding the profession of internal audit. However, I would be allowed to go pretty much any direction I wanted. [Cue the diabolical laughter as our hero realizes the magnitude of the power he has been given.]  And so, with that warning, I'd like to talk about last weekend's Saturday Night Live.
continue reading...