Internal Auditor’s February 2019 Issue
f e a t u r e s
24 | COVER Trials and Transformation Ten years ago, amidst unprecedented economic upheaval, Richard Chambers became The IIA’s president and CEO. The internal audit profession has changed much since then, he says, and it will need to continue to evolve. BY ANNE MILLAGE
30 | Building the Audit Function A strategic, measured approach to setting up shop can produce lasting results and strong relationships. BY NEIL HODGE
36 | The Audit Committee Connection Internal audit’s ability to serve as a trusted advisor to its primary stakeholder is key to organizational success. BY SETH PETERSON
42 | Beneath the Data Auditing with selfservice business intelligence tools can help practitioners mine the organization’s data sources and provide greater assurance. BY CHRISTOPHER KELLY AND JAMES HAO
48 | An Audit of Strategy Four questions can help internal auditors ensure an effective strategic management process, the backbone of organizational success. BY MATEJ DRAŠCEK, ADRIANA REJC BUHOVAC, AND GAVIN LAWRIE
53 | 7 Practices for Better Audit Outcomes The U.S. Department of Homeland Security follows guidelines that improve the auditor–auditee relationship. BY JIM H. CRUMPACKER