Last week, we introduced five attributes of a World Class Audit Shop (WCAS). This week, we introduced five more attributes for WCAS. They are: Constantly Striving for Improvement – WCAS not only focus their efforts on operational auditing but they constantly perform an internal operational audit – continuously looking to improve audit efficiency and effectiveness […]
A few weeks back, I was asked by one of my Audit Senior School attendees what are the key attributes of a world-class internal audit department. I have honestly not ever thought about this since, in my opinion, there are so many and they could be very different based on size, industry and geographic location. […]