You Don't Have to Be a Clown to Audit the Circus

Posted on Mar 28, 2011

Over the past two years, I have heard executives complaining with increasing frequency that “internal auditors just don’t understand the business.” My sense is that some of these complaints are legitimate while others originate from business unit managers who simply don’t want internal auditors probing around in their areas of operation.

continue reading...

Stakeholder Expectations: How Do You Assess Them?

Posted on Mar 7, 2011

In my last blog entry, I explored the concept of internal auditing’s stakeholders and who I thought they were. I identified the primary stakeholders of a typical corporate internal audit function as:

continue reading...