Read Richard Chambers' Latest Blog
Forensic Examination May Explain Why You Aren't a Trusted Advisor
In his blog, IIA President and CEO Richard Chambers, CIA, QIAL, CGAP, CCSA, CRMA, shares his personal reflections and insights on the internal audit profession. Here's an excerpt from his latest post:
I know from experience how frustrating it can be as a chief audit executive (CAE) or member of the internal audit staff when management does not value the contributions you can make to enhanced risk management, internal controls, or governance in the organization. The signs are often evident:
- Few if any audit requests come your way throughout the year.
- Minimal input is received during internal audit's annual risk assessment process.
- You are not invited to meetings where business strategy is discussed or formulated.
- Recipients of our reports are indifferent or resistant to conclusions or recommendations.
- When a significant risk is identified, management doesn't call you – they seek a consultant.
If you found yourself uncomfortably answering yes to the signs above, you are probably struggling to be a valued "trusted advisor" in your organization. It occurred to me recently that CAEs or internal auditors who struggle to become trusted advisors to their stakeholders may want to apply a bit of forensic-analysis to see where they may be falling short.
Read the full InternalAuditor.org blog post from IIA President and CEO Richard Chambers.