Top traits of an effective internal auditor

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 theContinue reading “Top traits of an effective internal auditor”

IIA and ISACA pool resources and expertise

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: SpeakingContinue reading “IIA and ISACA pool resources and expertise”

CA ad campaign: Decisions Matter

Got an email last week about an update to the Decisions Matter ad campaign the CICA has been running for the designation: The Decisions Matter ad campaign is aimed at shifting the traditional perception of the CA designation and promoting CAs as business leaders and key decision-makers in every organization. The campaign is very differentContinue reading “CA ad campaign: Decisions Matter”

Enterprise risk audit planning

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 problemContinue reading “Enterprise risk audit planning”

Outsource internal audit for greater objectivity

That’s the recommendation from the Institute of Chartered Accountants of India (ICAI), as reported by The India Express: “In the high-powered committee report on Satyam scam, we have proposed that internal audit should be outsourced and not be in house so that there is more independence. If the auditor is from the organisation, it isContinue reading “Outsource internal audit for greater objectivity”