by Sikandar Usmani | Aug 10, 2024 | GRC
Indeed, anyone could be fooled into believing that reconciliation is a straightforward concept even with the auditor’s perspective in mind, but is it really understood the way it’s believed? In my experience, it is a classic case of being easier said than done,...
by Sikandar Usmani | Jul 30, 2024 | GRC
What does it take for a business to thrive? Well, if thriving is what the business intends to! And it doesn’t matter what thriving means to it; could be anything depending on its purpose. No, if you thought I was to write internal audit, it being my passion, you were...
by Sikandar Usmani | Jul 20, 2024 | GRC
A lot many times, we the internal auditors come across a “Not a Biggie” reaction even to findings representing ethical violations. Not that this reaction is something new we experience because managements ought to be reactionary to every internal audit creation since...
by Sikandar Usmani | Jul 10, 2024 | GRC
Indeed, that’s the most pertinent question entities need to ask at the time they’re fancying with the mere idea of having an internal audit. It’s correct that regulatory requirements and seeing other entities can give us an idea of a reason for investment in internal...
by Sikandar Usmani | Jun 30, 2024 | GRC
Call it an intrusion in what’s classically the Human Resources domain or an extrusion of the typical Internal Audit scope but to me it’s about improvement and value addition because that’s what internal audit does and there’s nothing “typical” about Internal Auditing!...
by Sikandar Usmani | Jun 21, 2024 | GRC
NO, indeed not. I’m not going to get into the ESG proponents vs opponents who call it “woke capitalism” debate. I am exactly foraying into how internal audit can truly demystify it and unravel the meaning behind! Environmental, Social and Governance (ESG) might seem...
by Sikandar Usmani | Jun 13, 2024 | GRC
From amongst the latest buzzwords global businesses and societies fancy a lot about, sustainability is one that has been discussed the most but somehow is the least understood. So why not let the internal auditors help you in grasping the concept in its true sense and...
by Sikandar Usmani | May 30, 2024 | GRC
It’s not the ratio of circumference to its diameter (Pi), we’re covering here. But yes, there’s a commonality; that ratio and the value of Internal Auditing being constants! So, let’s unravel what’s this “PI” is, if it isn’t obvious though. But I won’t make this space...
by Sikandar Usmani | May 20, 2024 | GRC
Should the nature of Internal Audit Services under Advisory and Assurance be unlimited, or should the type of methodologies be uncapped too? Scratching your heads? Let’s break it down then. Nature of Internal Audit services do not have a bar, especially under Advisory...
by Sikandar Usmani | Apr 30, 2024 | GRC
Why is it that the internal audit function is the only function employed or invested in by an entity that needs a charter for its service delivery? Is it because its value addition is not well understood, or because it aims to be the only function that’s...
