What Internal Auditors Can Learn from Pixar

Posted on Mar 17, 2014

I recently received a free copy of Ed Catmull's new book, Creativity, Inc. No strings attached; just a copy with the idea that, if I was so inclined, I could write a review. As I was reading it, I kept stumbling across nuggets that made me think, "Auditors need to read this."
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Big Data: A Coda

Posted on Mar 11, 2014

I'll be honest (and I don't think I'm telling you something you don't already know), I have a tendency to oversimplify things. But for all the promises and threats and worry and volume and words and unending discussions about big data, I am not sure I see this as a new risk. 

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Big Data Is Only as Good as You Let It Be

Posted on Mar 10, 2014

Big data is a big topic.  It has been fascinating to watch the way this concept has taken root in the nomenclature; in the business world; in board rooms; and, more specifically, in internal audit discussions, planning, seminars, and conferences.  And many auditors struggle with understanding how we should respond to the risks and opportunities it provides.
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A Quick Note About Planning a Presentation

Posted on Mar 7, 2014

Just below this paragraph is a picture of a wall in the room where I work. Covering that wall is a close to unintelligible conglomeration of pieces of printed paper, hand-written blurbs, sticky notes, and various scribbles all aligned in the fashion of a storyboard

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Something New You Need to Know about Social Media Risks

Posted on Mar 3, 2014

There's a little something going on right now in the world of financial institutions. Even if your only involvement with financial institutions are the overdraft notices you throw away because you are almost certain they were sent to you in error,  you may want to pay attention. 
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A Quick Note About a Cliche That Means Something

Posted on Feb 28, 2014

Are you ever reading something when a sentence is so unclear, so poorly constructed, or such a cliché that it just stops you dead? That happened to me the other day. I was reading something (don't quiz me; I can't remember what it was) when I stumbled across the phrase "Ready, willing, and able." I've read it as many times as you have without even paying attention. But this time, for some reason, I stumbled, bothered by the author's use of the cliché.
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Rehashed Topics and Rubber Chicken

Posted on Feb 26, 2014

Just how many fraud presentations can you attend? Just how many times can you get an update on COSO? Just how many times can you learn more about IT? And just how long has it been since you attended a presentation — chapter meeting, conference, seminar — that was different, one that provided information you never heard before?
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Risk and the Future of Internal Audit

Posted on Feb 10, 2014

When internal auditors talk about the future of internal audit, when they talk about how we can add the greatest value, when they talk about the state of the profession and where the new horizons and opportunities lie, the conversation seems to invariably turn to risk.  So it is not surprising that risk has become part of the discussion related to the blogs I recently posted regarding creativity, innovation, and internal audit's ability to maintain its relevance into the future.
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When is it Too Much?

Posted on Feb 2, 2014

My series of posts last month focused on the need for internal audit to embrace creativity and innovation in order to maintain relevance in the future. I have gotten some interesting responses to that message. Some came in the form of comments and others were follow-up conversations I had with friends and colleagues. To be honest, it is going to take a little while to get to all the points I see being raised, and so I plan on revisiting this subject throughout the rest of this month.
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The Most Important Thing Internal Audit Can Do in 2014 - Part 4

Posted on Jan 17, 2014

I ended part three of this series with the following question: "Do we have to be independent and objective?" That little bit of heresy gets to the real point of this entire ramble/rampage/rant/resolution/call to action. If we want to ensure internal audit moves into that new, relevant future, we must be ready, willing, and able to identify creative innovations.

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