The President of the IIA shares what he sees as the top seven attributes of an effective internal auditor, and in general I agree, with a few distinc­tions. The most important attribute is referred to as business acumen, but the description that accom­panies it has more to do with having an in-depth knowledge of the […]

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At the end of September the IIA and ISACA announced they had reached an agreement to “create a basis for cooper­ation and collab­o­ration” between the organi­za­tions. The agreement is formalized in a Memo of Under­standing that has been signed by both parties. The MoU lists a few areas where this agreement makes cooper­ation possible: Speaking […]

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Earlier this week I watched a webinar put on by the Audit Director Round­table, a great resource for internal auditors, titled Enter­prise Risk Audit Planning. If you follow me on Twitter, you might have seen this: @neilmcintyre: IT problems for Audit Director Round­table delay the start of the Enter­prise Risk Audit Planning webinar The problem was […]

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A survey conducted at the recent Institute of Internal Auditors annual conference by Protiviti has revealed that ⅔ of IA profes­sionals believe their department is under-resourced and therefore unable to adequately carry out their duties. Protiviti’s take is that due to increased expec­ta­tions of the assurance Internal Audit can provide on an ever-widening spectrum of […]

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I wanted to draw your attention to an article that recently appeared on CFO.com about continuous auditing, mainly because the topic is one which is as misun­der­stood as it is trendy. Continuous auditing is generally held to be an automated approach. Increas­ingly it is assumed to mean examining all data relevant to the audit being […]

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