Ensuring credibility.

Author:Rizvi, Syed Owais
Position:Reader Forum - Letter to the editor
 
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It is absolutely true that "If internal audit wants to ensure true credibility with its stakeholders, we must look inward." The report preparation and review process does take a lot of time. But, this is the one tangible product that we deliver (for the auditees, board members, our peers, etc.). So it's important to get it right. My senior manager says that workpapers can be perfect, ticking and tying down to the penny and explaining the process and players thoroughly, but if the report is inaccurate, it doesn't matter. At the same time, it's important to be efficient.

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Before I get too heavy into preparing a report, I look at similar findings from...

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