My Audit Spot3 days ago4 minBest Way to Run a Cybersecurity AuditStandalone standard risk assessments are not enough to formulate and maintain a robust security strategy to protect your company’s digita...
My Audit SpotJun 233 minTime for timesheetsWhy your internal audit team should be completing weekly timesheets Don't get me wrong. I hate timesheets as much as the next guy. It rui...
My Audit SpotJun 113 minMaintaining audit timelines during COVIDWhy communication is the key to performing a timely audit Coronavirus has thrown man challenges at us. The sudden impact of the virus saw...
My Audit SpotJun 43 minThe power of referencingWhy we need to ensure we reference our audit files and workpapers well It might seem like such a basic concept, but too often do we see a...
My Audit SpotMay 134 minBusiness Continuity Lessons Learnt10 key questions to ask about your business resilience For some it's still a long way off, but for others, a return back to a normal life...
My Audit SpotApr 305 minAre internal auditors scrutinised enough?I have recently been attending a training course provided by the Institute of Chartered Accountants Australia and New Zealand. The course...
My Audit SpotApr 204 minManaging your internal audit plan in light of COVID-19Although we are a number of weeks into our 'remote working' situations, the level of disruption caused by coronavirus has severely impact...
My Audit SpotApr 73 minKPMG, EY show the importance of audit quality and why we should do live reviewsThe Big 4 audit firms, and audit in general really, have been through a lot over the past number of years. There have been numerous calls...
My Audit SpotMar 114 minCOVID-19 and a resilient internal audit function6 tips to help your internal audit function remain resilient As the situation regarding coronavirus (COVID-19) continues to evolve, we se...
My Audit SpotFeb 184 minDoes Australia have a controls problem?Last week I wrote a post about George Calombaris' restaurants (MAdE Establishment) and how a failure in controls resulting in the underpa...
My Audit SpotFeb 103 minWhy controls and compliance internal audits are importantToday, the fate of MAdE Establishment became a bit clearer, as celebrity chef George Calombaris faced the media to report that his compan...
My Audit SpotJan 233 minKey areas for Internal Audit in 2020 Each year, many of the 'Big 4' and various other groups release what they consider to be the hot topics or key focus areas for Internal A...
My Audit SpotJan 165 minThe audit close out meeting and draft report How to present those findings and observations whilst adding value Presenting audit observations is not necessarily the most fun activity...
My Audit SpotJan 92 minInternal Audit Code of Practice released todayThe Chartered Institute of Internal Auditors has today published a new code to increase the effectiveness of internal audit functions. Th...
My Audit SpotDec 2, 20195 minInternal Audit frequency - How necessary is it?Let's just jump straight into it... do we really need a rolling schedule for Internal Audits? Don't get me wrong, I certainly believe we ...
My Audit SpotNov 3, 20194 minManaging your audits in a small functionHarnessing the power of Microsoft Office Documentation is the one critical component of any internal audit, and for those who have worked...
My Audit SpotOct 29, 20197 minOh no! Someone forgot to turn the controls on at JetBlueIt’s amazing that in today’s age, with the amount of technology, security and surveillance in place, that someone thinks they can get awa...
My Audit SpotSep 23, 20194 minThe Thomas Cook collapse. What is Internal Audit’s involvement?On Monday 23 September 2019, news spread that the 178 year old business had collapsed. This has been a long time coming for the company. ...
My Audit SpotSep 19, 20194 minRisk in Focus 2020 - Hot topics for internal auditorsThe Chartered Institute of Internal Auditors last week dropped their 'Risk in Focus 2020' report. The report compiles the results of inte...
My Audit SpotAug 29, 20195 minFinding purpose in what we do as auditorsAs auditors, I am sure we have all, at some time or another, questioned the purpose of what we are doing. As we are sitting in the cramp,...
