The Institute of Internal Auditors (IIA) recognizes the need to balance traditional assurance functions with consulting by stating, “Internal auditing is an independent objective assurance and consulting activity designed to add value and improve an organization’s operations.”
Consulting engagements are advising services provided to customers that “add value and improve and organization’s operations”… the entire second half of that definition. So why is it that 74% of the Internal Auditors I have surveyed say they are not doing enough consulting work? Does this mean 74% of us are not adding the value and improving our organizations as we should be? Perhaps it does.
In this webinar for TQA Point of Focus #5 on Balance, we will discuss the value (benefit) we need to be bringing through consulting work at our organization, instead of just being a necessary evil (cost). This is one of the major keys to becoming a Total Quality Auditor.
Note: This is a previously recorded live webinar that contains polling questions meant only for the live participants. Please disregard the polling questions are they are part of the live recording. Passing the quiz at the end of this course is your requirement to attain CPE. See the CPE tab for more details.
Program Level: Basic | Prerequisites: None
Program For: Auditors, CPAs, and Other Professionals
Instructional Method: Self-Study | Advance Preparation: None
Recommended CPE Credit: 1 hour(s) | Field of Study: Auditing
Airing: Webinar replay