Independence and Objectivity Are Not the Same Thing

Posted on Oct 30, 2013

After taking the opportunity with my last blog to focus on acquiring and retaining internal audit talent, I return in this blog with the final installment in a three-part series on the core attributes of an internal auditor. In each of these blogs, I have examined some of our attribute standards that we all proactively abide by. 

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Six Things Every CAE Should Do to Retain the Best Internal Audit Talent

Posted on Oct 21, 2013

The global economy continues to improve, and there’s plenty of evidence that organizations are investing in stronger risk management and internal control infrastructure, including internal audit functions. In fact, early indications are that almost one-third of U.S. Fortune 500 companies plan to add new internal audit staff positions in 2014.

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Due Professional Care: What Is Reasonable and Competent?

Posted on Oct 15, 2013

Another attribute that often receives light treatment in internal audit manuals and textbooks is “due professional care.” It goes without saying that internal auditors should exercise due professional care in undertaking their work, but what does that really mean? 

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Professional Proficiency: What Does That Really Mean for Internal Auditors?

Posted on Oct 10, 2013

As professionals, internal auditors are expected to possess a number of core attributes. An overarching attribute that is not the subject of very much discussion is “professional proficiency.” Most of us understand that professional proficiency is an expectation, but what does it really mean? 

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Sometimes Failures Can Be the Keys to Success

Posted on Oct 2, 2013

You can tell a lot about a person’s character by the way they respond to a setback. I often comment in this blog on best practices and technical issues relating to internal audit. Today, I offer my thoughts on an issue of broader interest — perseverance. I can’t tell you how many people I’ve known over the years who have suffered a setback and never recovered. They just couldn’t get over that hurdle and get on with their professional or even personal lives.

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