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Global Institute of Internal AuditorsBreadcrumb SeparatorNewsBreadcrumb SeparatorBlog: 5 Bold Steps to Transform Internal Audit's Image

Read Richard Chambers' Latest Blog
5 Bold Steps to Transform Internal Audit's Image

In his blog, IIA President and CEO Richard Chambers, CIA, QIAL, CGAP, CCSA, CRMA, shares his personal reflections and insights on the internal audit profession. Here's an excerpt from his latest post:

Over the years, I have addressed many internal audit audiences around the world on the importance of aligning with stakeholder expectations. I often close my message by encouraging chief audit executives (CAEs) and internal auditors to shed the image of fault-finder and traffic cop (images for which too many suffer), and become trusted advisors who provide insight and foresight – not just hindsight. When I finish delivering my message, the question is invariably asked: "How do I start?"

The first steps in transforming an internal audit department's image can be crucial. A false start, or one that is perceived as insincere, can render any efforts that come afterward as downright fruitless. If management and boards have come to perceive internal audit as a traditional "control assurance shop," it's hard to open their eyes to the potential value that internal audit can add – particularly without a change of internal audit leadership and/or staff. But personnel change is not a prerequisite to transforming internal audit's image in an organization. I have seen many internal audit functions take bold and decisive steps to successfully rebrand their departments in the eyes of stakeholders.

Read the full InternalAuditor.org blog post from IIA President and CEO Richard Chambers.