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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....
My Audit Spot
Sep 23, 20194 min read
374 views
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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,...
My Audit Spot
Aug 29, 20195 min read
132 views
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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...
My Audit Spot
May 14, 20194 min read
119 views
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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,...
My Audit Spot
May 7, 20194 min read
896 views
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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...
My Audit Spot
Apr 2, 20193 min read
43 views
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"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...
My Audit Spot
Feb 22, 20194 min read
18 views
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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...
My Audit Spot
Feb 20, 20195 min read
13 views
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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...
My Audit Spot
Feb 14, 20193 min read
14 views
1 comment

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...
My Audit Spot
Feb 4, 20194 min read
24 views
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