What Do You Call a Group of...

Posted on Jul 28, 2014

There are no words for the groups of things and people we work with daily in the internal audit profession. It is time this egregious oversight was rectified. 

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A Quick Note About Creativity and Reading - Where Did This Audit Go Wrong? A Coda

Posted on Jul 11, 2014

Read any good books lately? Read any good books that didn't have anything to do with internal audit? Read any good books that didn't have anything to do with business? If not, where do you expect to get your next big idea... thin air?
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The Big Picture - Where Did This Audit Go Wrong? Part 5

Posted on Jul 9, 2014

Audits fail. Let's start by agreeing on that basic truth. No matter how much we might want to think we are perfect/that our work is impeccable/that our findings are accurate/that our opinions are flawless, we make mistakes and, in some instances, the results of the audit – the findings, the report, the opinion, the message that is delivered – do not reflect what actually exists. As with so many things in life, the first step is admitting you have a problem. The next step in this case is to figure out why we failed.
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The Parts, the Sum, and the Whole - Where Did This Audit Go Wrong? Part 4

Posted on Jul 7, 2014

What is the purpose of any audit? Don't jump to the rote answers you memorized to pass the CIA exam; I'm talking about a more general, more easily understood answer. (Here is a challenge I have given more than one group: Define internal audit in a way that your kids can understand. That's the kind of answer I'm looking for.)
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The Conductor and the Internal Auditors - Where Did This Audit Go Wrong? Part 3

Posted on Jul 3, 2014

At the conclusion of the Houston International Conference in 2006 I heard one of the best presentations I ever sat through. I wasn't alone in that assessment; there was a certain buzz afterwards that was different than I had ever experienced. People were moved and excited. We headed out charged, invigorated, and ready to take on the world – exactly what everyone expects at the end of a good conference.
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Proudly Admitting Failure - Where Did This Audit Go Wrong? Part 2

Posted on Jun 30, 2014

Subsequent to posting the first installment of this series I talked with a couple of people who, while couching their comments in the friendliest of terms, were effectively asking, "How can you be crazy enough to post such monumental failures?" They went on to question whether or not I could make the same points with less consequential examples – without airing laundry that was quite so dirty.
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A Quick Note About Required Reading

Posted on Jun 27, 2014

Normally I try my darnedest to find some way to pull, drag or twist the subject of these posts into the realms of internal audit. This time I'm not even going to try. This book is worth reading just because it is good and it is important.
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This Page Intentionally Left Blank

Posted on Jun 25, 2014

Sometimes, people are just too darned literal.

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Where Did This Audit Go Wrong?

Posted on Jun 23, 2014

When you think about an audit, what do you see? Is it a series of risks and tests and interviews and reports? Is it a conglomeration of workpapers? Is it the harmonious gestalt of many individuals' efforts? Is it the cobbled together concepts of auditee, auditor, managers, and executives? Or have you even given the concept much thought at all?
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The Geekiest Auditor in the World

Posted on Jun 18, 2014

In the past we have explored the special skills and attributes of the most interesting auditor in the world. Now it is time to pay honor to the one who resides at the other end of the spectrum – the geekiest auditor in the world.
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