Quote of Week WK/E 26/03/13 March 30, 2013
Posted by Audit Monkey in Quote of the Week, The Joy & Pain of Internal Audit.Tags: Non-Executive, Quote of the Week, The Joy & Pain of Internal Audit
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As you can appreciate, Internal Auditors aren’t the most popular people. We are on the receiving end of a lot ‘verbals’. This week’s quote is indicative of this but somewhat surprisingly, it came from a friend rather than a foe.
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Top Ten Internal Audit Bete Noires – Countdown 5 to 1. October 10, 2009
Posted by Audit Monkey in The Joy & Pain of Internal Audit.Tags: auditing, internal auditing, The Joy & Pain of Internal Audit
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The more observant will have noticed I’m on a bit of a ‘blogging’ roll today. Audit Monkey is finding this rather cathartic.
5. Auditing the Impenetrable/Nothing of Value to Audit/Auditing the Bloody Pointless
It’s on the audit plan, there is no escape. Resistance is futile, the audit has your name on it. Yes, we’ve all been there, your manager has requested you audit some obscure system which is materiality insignificant, doesn’t feature on anyone’s risk radar but it has to be done. This said, I occasionally come across the odd gem of an audit finding after exhaustive inquiries but none spring to mind!
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The Top Ten Internal Audit Bete Noires – Countdown 10 to 6. October 10, 2009
Posted by Audit Monkey in The Joy & Pain of Internal Audit.Tags: auditing, internal auditing, The Joy & Pain of Internal Audit
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So here it is. You go to University, you study to become an Accountant, you qualify after years of study and exams, you wind up in Internal Audit. You thought it would help you climb the career ladder, thinking you would be entering a professional world and leaving idiocy and mediocrity behind. Think again. The Top Ten Internal Audit Bete Noires will confirm that flipping burgers for a living would be a more rewarding occupation.
10. The Working Paper Debate
You couldn’t make this one up but from bitter experience, it’s the one Internal Auditors love to debate, especially for hours at end. Working papers are quite simple but these need to be structured and will support audit methodology. Hours will be spent discussing the most appropriate structure. Needless to say, this is a rather dull and tedious preoccupation but often drones on ad infinitum.
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