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![Reporting - Team Wrap Up Meeting Workpaper Template](https://static.wixstatic.com/media/a45412_8d14ed4ea3a8439e995ea65c7e162afe~mv2_d_2400_1256_s_2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/a45412_8d14ed4ea3a8439e995ea65c7e162afe~mv2_d_2400_1256_s_2.webp)
My Audit Spot
Oct 13, 20192 min read
Reporting - Team Wrap Up Meeting Workpaper Template
Prior to conducting a Findings and Actions Workshop with the business and key audit stakeholders, its important to make sure all...
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![Reporting - Potential Issues List Workpaper Template](https://static.wixstatic.com/media/a45412_a9612753a4e5478c8ab37a5bb243cffd~mv2_d_2400_1256_s_2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/a45412_a9612753a4e5478c8ab37a5bb243cffd~mv2_d_2400_1256_s_2.webp)
My Audit Spot
Sep 25, 20192 min read
Reporting - Potential Issues List Workpaper Template
As we progress through an audit, there will be a number of observations / findings / issues, which may warrant being included in the...
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![The Thomas Cook collapse. What is Internal Audit’s involvement?](https://static.wixstatic.com/media/a45412_f860fe087b0d4092af9e65abe7ccb2cc~mv2.jpg/v1/fill/w_454,h_341,fp_0.50_0.50,q_90,enc_auto/a45412_f860fe087b0d4092af9e65abe7ccb2cc~mv2.webp)
My Audit Spot
Sep 23, 20194 min read
The 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....
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![Risk in Focus 2020 - Hot topics for internal auditors](https://static.wixstatic.com/media/a45412_12527dc76f65466285f74fe259380fd9~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/a45412_12527dc76f65466285f74fe259380fd9~mv2.webp)
My Audit Spot
Sep 19, 20194 min read
Risk in Focus 2020 - Hot topics for internal auditors
The Chartered Institute of Internal Auditors last week dropped their 'Risk in Focus 2020' report. The report compiles the results of...
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![Finding purpose in what we do as auditors](https://static.wixstatic.com/media/a45412_ecc75ac4999c43989e1c55919a4fc27b~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/a45412_ecc75ac4999c43989e1c55919a4fc27b~mv2.webp)
My Audit Spot
Aug 29, 20195 min read
Finding purpose in what we do as auditors
As 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,...
132 views0 comments
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![ASIC to name and shame the Big 4... finally!](https://static.wixstatic.com/media/70fc5a777e20d1896c7db1f9c823f729.jpg/v1/fill/w_454,h_341,fp_0.50_0.50,q_90,enc_auto/70fc5a777e20d1896c7db1f9c823f729.webp)
My Audit Spot
Aug 13, 20193 min read
ASIC to name and shame the Big 4... finally!
I've previously wrote about the need for ASIC to take a much harder stance against the Big 4 and audit quality, so it was with great...
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![Fieldwork - Testing Workpaper Template](https://static.wixstatic.com/media/a45412_12ba2d61655b4161945f853c0263c0e0~mv2_d_2400_1256_s_2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/a45412_12ba2d61655b4161945f853c0263c0e0~mv2_d_2400_1256_s_2.webp)
My Audit Spot
Jul 23, 20193 min read
Fieldwork - Testing Workpaper Template
I am a firm believer that the quality of your audit workpapers is a direct reflection of the level of care, diligence, and effort which...
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![](https://static.wixstatic.com/media/a45412_ea275b606b3d40659003ae5ea90f906e~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/a45412_ea275b606b3d40659003ae5ea90f906e~mv2.webp)
![Call for consultation. The Internal Audit Code of Practice is ready for your review](https://static.wixstatic.com/media/a45412_ea275b606b3d40659003ae5ea90f906e~mv2.jpg/v1/fill/w_454,h_335,fp_0.50_0.50,q_90,enc_auto/a45412_ea275b606b3d40659003ae5ea90f906e~mv2.webp)
My Audit Spot
Jul 17, 20195 min read
Call for consultation. The Internal Audit Code of Practice is ready for your review
The Chartered Institute of Internal Auditors this week released draft Code of Practice and sought feedback from audit professionals and...
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My Audit Spot
Jul 16, 20192 min read
Audit Planning - Internal Audit Work Program
An Audit Work Program forms the backbone of your review. It's what brings the assignment plan / scoping document, fieldwork, and...
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![Climate Change - Why it should be on your audit and risk plans](https://static.wixstatic.com/media/a45412_3257c92a79b24b038ab6ad1ec278d5d9~mv2.jpg/v1/fill/w_454,h_341,fp_0.50_0.50,q_90,enc_auto/a45412_3257c92a79b24b038ab6ad1ec278d5d9~mv2.webp)
My Audit Spot
Jul 8, 20193 min read
Climate Change - Why it should be on your audit and risk plans
It's 2019 and the weather has gone crazy. Paris experienced its hottest day on record this year. Cape Town counted down the day days to...
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![Why being 'short staffed' should never be written in an audit report](https://static.wixstatic.com/media/a45412_ea9573738db94dc798ced52163de67f7~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/a45412_ea9573738db94dc798ced52163de67f7~mv2.webp)
My Audit Spot
May 14, 20194 min read
Why being 'short staffed' should never be written in an audit report
It was almost ironic the timing. Whilst performing an audit (and being told by the business area "... how under resourced, and...
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![Rolling forward prior audit workpapers; are we trapping ourselves?](https://static.wixstatic.com/media/a45412_b296322a4d724215a8af2be0d0ab8150~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/a45412_b296322a4d724215a8af2be0d0ab8150~mv2.webp)
My Audit Spot
May 7, 20194 min read
Rolling forward prior audit workpapers; are we trapping ourselves?
With all the focus currently on Big 4 audit firms and the quality of their audits, it has made me question the amount, we as auditors,...
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![Why the BEIS' "Future of Audit" report is a waste of paper.](https://static.wixstatic.com/media/a45412_b8487e40e68b41c5a839d661b6f0ad76~mv2_d_3504_2336_s_2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/a45412_b8487e40e68b41c5a839d661b6f0ad76~mv2_d_3504_2336_s_2.webp)
My Audit Spot
Apr 10, 20197 min read
Why the BEIS' "Future of Audit" report is a waste of paper.
On 2 April 2019, Rachel Reeves MP, Chair of the Business, Energy and Industrial Strategy (BEIS) Select Committee, presented the...
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![Modular approach to audit isn't actually a bad idea!](https://static.wixstatic.com/media/a45412_6b9edf7839fd40f383de4b84b4101062~mv2_d_4000_2666_s_4_2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/a45412_6b9edf7839fd40f383de4b84b4101062~mv2_d_4000_2666_s_4_2.webp)
My Audit Spot
Apr 2, 20193 min read
Modular approach to audit isn't actually a bad idea!
But what else can we do to improve our audit quality? The Institute of Chartered Accountants Australia and New Zealand (ICAANZ) last...
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![Where do you draw the line?](https://static.wixstatic.com/media/a45412_6ad93b5be0734a7e887d8b496fa79d48~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/a45412_6ad93b5be0734a7e887d8b496fa79d48~mv2.webp)
My Audit Spot
Mar 27, 20193 min read
Where do you draw the line?
Helping with audit recommendation implementation. They're loathed by everyone. Loathed by recommendation owners who are charged with...
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!["How to avoid an audit". Why we need to change our perception.](https://static.wixstatic.com/media/a45412_d89d811a752b454fb1fa5715e909d5c5~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/a45412_d89d811a752b454fb1fa5715e909d5c5~mv2.webp)
My Audit Spot
Feb 22, 20194 min read
"How to avoid an audit". Why we need to change our perception.
An article appeared in front of me today titled "How to avoid an audit". My initial thought was "how bold; an article telling people on...
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![ASIC needs to get tougher; but so do auditors](https://static.wixstatic.com/media/a45412_1e050307f1c14dc18cf300ffda3775a5~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/a45412_1e050307f1c14dc18cf300ffda3775a5~mv2.webp)
My Audit Spot
Feb 20, 20195 min read
ASIC needs to get tougher; but so do auditors
The Australian Securities & Investment Commission (ASIC) today released its media statement regarding Mr Wayne Allan Armistead, former...
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![ICAEW - Cyber Security](https://static.wixstatic.com/media/a45412_dc0fb4c2649c44d1b4e10ffed37bf7c1~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/a45412_dc0fb4c2649c44d1b4e10ffed37bf7c1~mv2.webp)
My Audit Spot
Feb 14, 20193 min read
ICAEW - Cyber Security
This Tuesday, I was fortunate enough to attended to an ICAEW event (promoted by Australian and New Zealand Accountants in London) at...
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![Who should be detecting fraud anyway?](https://static.wixstatic.com/media/a45412_25da611e17504ed08df79451c389e5a1~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/a45412_25da611e17504ed08df79451c389e5a1~mv2.webp)
My Audit Spot
Feb 13, 20194 min read
Who should be detecting fraud anyway?
As the probe into audit firms across the UK continues, the fresh new face of Grant Thornton, David Dunckley, stated in front of committee...
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![How do you audit a company’s culture?](https://static.wixstatic.com/media/a45412_c0be1122c3f146d4a967bb2ef9646813~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/a45412_c0be1122c3f146d4a967bb2ef9646813~mv2.webp)
My Audit Spot
Feb 4, 20194 min read
How do you audit a company’s culture?
A company’s culture is important on so many fronts. It’s how the employees feel whilst they are at work. It’s how the public perceives...
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