Stream of Consciousness
The short of it Audit work programs work because they require you to think about what you are going to do before you do it. They take away the stress of worrying how you should approach a certain audit issue for 90% of the time, because you have thought about
Stream of Consciousness
The short of it At BTC, we recently selected workpapers.com as our web-based electronic workpaper solution. I will be writing about our experiences with this tool in four separate blog posts, over a period of about a year. This is the first one, about our the first week using
Stream of Consciousness
You can't oursource your core tasks There are a couple of essential tasks you cannot outsource: * If you're about the execute a coup d'etat, you can't bring in mercenaries in key roles or positions and assume you will remain in control; * If
Stream of Consciousness
A quick note to everyone who has visited this blog in 2011. Thank you for your visit, and I hope to be able to entertain and inform you in 2012 as much as I hope I have in 2011. 2011 was a year of curation and integrating several blogs in
Stream of Consciousness
The emptiness of due diligence Looking around in current day to day business, I see less and less evidence of due diligence in its core meaning. At least the core meaning I learned but mainly understood based on practical experience. The idea of due diligence has been replaced by a
Stream of Consciousness
It's that time of the year to make resolutions. As I have never made New Year's resolutions on blogging in my life, perhaps now is a good moment to start. I've decided to make resolutions on volume, content and quality. Here goes … Volume I
Stream of Consciousness
"I could have read this months ago" Last July I sent a promising mac.appstorm article to my Instapaper queue. Its title? “ReadNow: Native Instapaper and Read it Later Management” I just recently read it … and after having read it, I acted on it immediately. But I could
Stream of Consciousness
The opposite of a bad system I recently read this statement, and I can't remember where I read it. It goes "The opposite of a bad system isn't chaos. It's a good system." The statement got me thinking about the fallacy inherent
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I don't usually link to articles where the author or referrer has done a great job explaining why the article or the post is relevant. This one comes by way of John Gruber at Daring Fireball and is a reference to a Forbes article on Roger Martin'
Stream of Consciousness
Risk based internal audit planning The IIA's standards require us to prepare a risk based internal audit planning. However, if risk assessment and management is not (yet) embedded in your organization, it requires a concerted effort from the auditees to provide you with the relevant information. Given this
Stream of Consciousness
The popularity of audit assessments An audit assessment is like an audit, but not really. It takes less time, costs less and is executed by people referring to themselves as experts in a subject matter. These assessments are becoming rather popular. And that evolution is worrying to a “traditional” internal
Stream of Consciousness
the conference I just spent most of the day in a conference on public sector internal audit. At the end of the conference, a well considered panel touched on several aspects, including the aspect of single audit. And as usual, the discussion touched on the feasibility and the need for