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Aligning your internal audit templates with the Standards
How we have attempted to make our templates meet the criteria of the IIA’s International Standards for the Professional Practice of...
My Audit Spot
Nov 24, 20193 min read
736 views
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Reporting - Audit Satisfaction Survey
If you want to know how well you have truly done on an audit, its best just to ask those you have audited. Enter, the audit satisfaction...
My Audit Spot
Nov 6, 20195 min read
974 views
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Managing your audits in a small function
Harnessing the power of Microsoft Office Documentation is the one critical component of any internal audit, and for those who have worked...
My Audit Spot
Nov 3, 20194 min read
547 views
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Oh no! Someone forgot to turn the controls on at JetBlue
It’s amazing that in today’s age, with the amount of technology, security and surveillance in place, that someone thinks they can get...
My Audit Spot
Oct 29, 20197 min read
31 views
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Reporting - Audit Report Templates
Audit Reporting is one of the most crucial parts of the audit process. Its the final output from the audit and the main deliverable which...
My Audit Spot
Oct 21, 20195 min read
8,458 views
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Reporting - Findings and Actions Workshop Template
You've done the planning, you've done the fieldwork, and now you have to deliver the outcomes of your work to the business area. How you...
My Audit Spot
Oct 20, 20193 min read
274 views
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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...
My Audit Spot
Oct 13, 20192 min read
192 views
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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...
My Audit Spot
Sep 25, 20192 min read
165 views
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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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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...
My Audit Spot
Sep 19, 20194 min read
123 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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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...
My Audit Spot
Jul 23, 20193 min read
2,547 views
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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...
My Audit Spot
Jul 17, 20195 min read
35 views
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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...
My Audit Spot
Jul 16, 20192 min read
351 views
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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...
My Audit Spot
Jul 9, 20193 min read
41 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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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...
My Audit Spot
Apr 10, 20197 min read
12 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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Where do you draw the line?
Helping with audit recommendation implementation. They're loathed by everyone. Loathed by recommendation owners who are charged with...
My Audit Spot
Mar 27, 20193 min read
12 views
0 comments
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