In his blog on Internal Auditor Online, IIA President and CEO Richard Chambers, CIA, QIAL, CGAP, CCSA, CRMA, shares his personal reflections and insights on the internal audit profession.
Disruption Brings More Calls to Action for Internal Audit
This time of year is typically slow for the release of thought leadership in the internal audit profession. The IIA, internal audit service providers, technology firms, and others normally unleash a wealth of white papers and reports earlier in the year, then there's a lull before a bevy of fresh new ideas and perspectives once again flows. But 2020 has been anything but typical, with insightful and topical content not ebbing as we navigated the pandemic from our home offices.
At least three publications released in just the past few weeks warrant every internal auditor's perusal. My old colleagues at PwC published a timeless report in July titled Engaging With the Audit Committee: Five Ways for Chief Audit Executives to Stand Out. If you haven't read it, I encourage you to do so, because it is full of great insights. Earlier in August, our friends at AuditBoard published a fascinating piece titled Audit Leadership During Crisis: A CAE's First 90 Days During COVID. The article is authored by Sabrina Abramson, chief audit executive (CAE) at Wyndham Hotels & Resorts, and chronicles her journey as a CAE since taking over the role in a highly disrupted industry at the beginning of the pandemic. I have always believed personal stories are the most compelling, and Sabrina doesn't disappoint.
Most recently, our colleagues at Protiviti offered yet another installment in an excellent series from their Internal Audit Capabilities and Needs Survey. This edition is titled Exploring the Next Generation of Internal Auditing, and it is chock-full of insights on the progress and prognosis when it comes to internal audit transformation.
Read the full InternalAuditor.org blog post from IIA President and CEO Richard Chambers.