Continuous Auditing and Data Analytics: Moving Beyond the Annual Audit Plan
The annual audit plan rests on a quiet assumption that no one states aloud: that risk moves at the speed of a planning cycle. Book the inventory audit for...
The annual audit plan rests on a quiet assumption that no one states aloud: that risk moves at the speed of a planning cycle. Book the inventory audit for...
Somewhere in your organization, an algorithm is making a decision that used to belong to a person. It may be scoring a loan application, flagging a transaction, screening a job...
For years, cybersecurity occupied a strange place on Caribbean audit plans: acknowledged as important, deferred as specialist, and scoped down to whatever the function felt qualified to look at —...
Article 6 closed with a one-page exercise: the assurance map, showing which of an organization’s principal risks carry continuous assurance, periodic assurance, or none at all. Boards that complete...
Markets teach control lessons in two ways: privately, through the quiet findings of a well-functioning assurance system — or publicly, through announcements no board ever wants to draft. Over...
Every requirement discussed so far in this series — the strategy, the methodology, the quality programme, the conformance evidence — rests on a single structural question: to whom does...
Ask most Caribbean internal audit functions for their annual audit plan and a document will appear within the hour — a schedule of engagements, a staffing grid, perhaps a risk-ranking...
There is a comfortable belief circulating in boardrooms across the Caribbean, and it deserves to be retired: the belief that the Global Internal Audit Standards are still “bedding in,” that...
Most directors will never read the Global Internal Audit Standards. That is understandable — the document runs to five domains, 15 guiding principles, 52 individual standards, and a growing...
For decades, internal audit occupied a peculiar position in Caribbean organizations: everyone agreed it was important, and almost no one treated it that way. It sat somewhere down the...