If you are like most internal auditors, you’ve probably experience some of these challenges in your career: You feel ignored by management and don’t believe they think you are adding value. Your department has difficulty getting the resources it needs and it being downgraded. You spend most of your time stuck in the weeds, wishing …
Category Archives: Risk Based Internal Audit
Questions about Risk Based Internal Audit
I have a couple of exciting things to share with you. First, I am close to finishing my new book on Risk Based Internal Audit, and anticipate it will be ready for purchase in the next couple of months. Stay tuned for the announcement when it is ready. Learn more about how you can become …
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Can Internal Audit Rely on Risk Management’s Risk Assessment for Audit Plan?
I have been asked the following questions about relying on a risk assessment performed by the risk management function. Here are the questions and answers: QUESTION #1. Who conducts the annual risk assessment used for establishing a risk-based plan to determine priorities of the internal audit activity? and QUESTION #2. Is this a risk assessment …
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