by Kenneth Ramaley | Jan 24, 2020 | All Blogs, General Audit Culture
Every Staff Auditor knows how to interview audit clients. But that isn’t enough when they become an Auditor in Charge. Last week, we discussed the general lack of training as auditors move up the chain from Staff Auditor to CAE. In this second part of the... by Kenneth Ramaley | Jan 17, 2020 | All Blogs, General Audit Culture
I was once approached by a new Chief Audit Executive named Mary (name changed). She was concerned because she couldn’t get management to pay serious attention to the issues her team was identifying. Furthermore, the Audit Committee didn’t seem to have her... by Kenneth Ramaley | Jan 3, 2020 | All Blogs, General Audit Culture
Are you sure that your Auditors are spending time on the biggest risks in your organization? One of our clients, a large financial services firm, thought they were doing risk-based prioritization until I simply asked one of their auditors “Why?” Here was... by Kenneth Ramaley | Dec 6, 2019 | All Blogs, General Audit Culture
Have you ever tried to solve a BIG PROBLEM using standard audit tools and methods? What do you do if you just can’t figure it out? Sometimes the most significant audit findings can come from asking the most basic (naïve) questions. I was brought into a situation... by Kenneth Ramaley | Nov 22, 2019 | All Blogs, General Audit Culture
“I have a shop to run here. If I spend all my time focusing on your controls and checklists and spreadsheets, I won’t have time to make the money to pay your salary! So why are you wasting my time??” – Management addressing audit While the tone...