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💡 Internal Auditor Skills : 👉 Shining a Light on the Less Obvious Skills for Internal Auditors 👨💼 As an internal auditor, certain abilities like attention to detail, critical thinking, and communication are a given. But there are other less obvious proficiencies that are equally vital to success in this role. #internalaudit #skillsneeded #diplomacymatters #curosity #adaptabilityskills

Why do companies hire Internal Auditors? What's the job scope of an #CertifiedInternalAuditor ? Like & Subscribe to our YouTube channel : https://lnkd.in/dZX_GfZn #upliftpro #CIAUSA #audit #internalaudit #Auditor #internalauditor #InternalAuditing

Some comments on the European Internal Audit market as we see it - March 2024: - Number of Auditors actively looking for a new job historically low based on application numbers and rates. - Numbers of Auditors passively looking for a new job at near-historical highs. - Advertised Audit job vacancies lowest in previous 3 years. - Number of companies interested in talking to good candidates- remains unchanged. It is an unusual market - auditors want jobs, companies want auditors; Auditors are looking, but not necessarily applying; there is activity, but it's not always visible; auditors are cautious to move, but still looking; Audit teams need people, but many find it difficult to know where to find them. Perhaps this is where we have a role to play. Audit leaders/ Directors/VP's/ Managers - please reach out and let's see if we can help with the challenges. We recruit hundreds of internal Auditors each year and have a methodology which works well to counter any market challenge, helping to separate the wood from the trees and bring some visibility!

It's that time of the month! Welcome to May, better known as Internal Audit Month. This month is dedicated to spotlighting the dedication and hard work of internal auditors everywhere—because, let’s face it, not everyone remembers to celebrate what we do on the daily. The first week of May was a bustling first week for the Knowbility team. Here’s what we have been up to: ➡️Conducted an investigation involving a significant monetary amount. ➡️Analyzed related party transactions and contracts. ➡️Presented our Operations Internal Audit report to Leadership. ➡️Finalized Admin & Legal Internal Audit engagement. ➡️Kicked-off an opening meeting for an HR Internal Audit. ➡️Validated the design of policies and procedures with our client. ➡️Responded to an RFP. Last but not least: ➡️I submitted my synopsis for the IIA Global Conference debate. Separate to core work, administratively involved with the financial audit review with our Consultant, as part of renewing our Company License and invoicing clients. There really never is a dull moment in our profession; no two days are alike. I could pinch myself, everytime I reflect on how much I truly love our work and the value we bring our clients. We particularly appreciate the "aha!" moments our clients have - as being the most rewarding. I am honored for the opportunity to have founded Knowbility, and live my passion and values - proud of our team and our client engagements. Here’s to continuing the important work we do with passion! Cheers to us! Don’t forget to give your internal auditor a high five! #iia #internalaudit #TheIIAIC #NewHorrizonsNewOpportunities #intheknow #KnowbilityConsultancy Pic Credit: Zazzle

🌟 Navigating Rejections: A Fresh Perspective on Career Growth 🌟 Dear LinkedIn Community, I recently experienced a series of rejections while applying for internal auditing roles. It's been a challenging journey, but each setback has taught me valuable lessons about resilience and growth. Reflecting on these experiences, I've come to understand the importance of acquiring and showcasing specific skills and certifications in the field of internal auditing. Here are some key qualifications that can help you stand out and minimize the chances of rejection: Certified Internal Auditor (CIA): This globally recognized certification demonstrates your proficiency in internal audit knowledge and skills. It's highly valued by employers looking for candidates with a solid understanding of auditing principles. Understanding of Audit Software: Familiarity with audit management software such as ACL, TeamMate, or IDEA can significantly enhance your candidacy. These tools streamline audit processes and improve efficiency. Analytical Skills: Strong analytical abilities are essential for internal auditors to assess data, identify trends, and draw meaningful conclusions. Practice analyzing complex information to showcase your analytical prowess. Communication Skills: Effective communication, both written and verbal, is crucial for internal auditors to convey findings and recommendations clearly. Practice articulating complex ideas concisely and confidently. Attention to Detail: Auditors must have a meticulous eye for detail to detect inconsistencies and errors. Highlight instances where your attention to detail has contributed to accurate audits or improved processes. Industry Knowledge: Understanding industry-specific regulations and standards is beneficial. Stay informed about changes in regulatory requirements relevant to internal auditing. By focusing on these skills and certifications, you can strengthen your candidacy and increase your chances of securing a role in internal auditing. Remember, each rejection is an opportunity to learn and grow. Stay persistent, keep honing your skills, and leverage your network for support and guidance. Let's continue supporting each other on this journey to career success. #CareerGrowth #InternalAuditing #Certifications #Skills #LinkedInCommunity

Debunking the Myth of Sector-Specific Limitations for Internal Audit Professionals As an internal audit professional, I’ve observed a common but misguided practice in recruitment: restricting internal auditors based on their past industry experience. This limitation overlooks the true nature of internal audit and its universal applicability across sectors. The Reality: Internal Audit Is Not Industry-Specific Internal audit engagements follow a consistent framework, regardless of the sector. Every organization, whether in retail, healthcare, manufacturing, or finance, has an audit universe consisting of various auditable functions. These include finance, procurement, compliance, IT, operations, and more. The principles of risk identification, control evaluation, and assurance remain the same. Internal auditors are trained to walk through an entity's risk and control environment, allowing them to adapt and audit different functions effectively, irrespective of the sector. The foundation of audit engagements—understanding processes, identifying risks, testing controls, and providing recommendations—transcends industry boundaries. Overcoming the Sector-Specific Mindset Limiting audit professionals to industries they’ve previously worked in not only restricts talent but also fails to recognize the transferable skills that auditors possess. Given the right orientation on the specific risk and control environment of an entity, a skilled auditor can successfully perform audits in any business.The Solution: Broader Perspective in Hiring Organizations and HR professionals should broaden their perspective when hiring auditors. Instead of focusing solely on past industry experience, the focus should be on the competence and adaptability of the professional. Audit skills are rooted in principles and methodologies that are applicable across sectors. Let’s move beyond sector limitations and recognize the value that internal auditors bring, no matter the industry. It’s about understanding the process, not just the sector. #InternalAudit #AuditExcellence #RiskManagement #TalentManagement #HR #AuditProfessionals #BusinessProcesses #CorporateGovernance #ProfessionalDevelopment #CareerGrowth #SectorAgnostic #AuditTalent

What Makes a Great Internal Auditor? Being a successful internal auditor requires more than just technical skills. According to Moeller & Witt (1999, p. 14-15), several key personal attributes are essential for excelling in this role. At AdviseUp Consulting LLC, we wholeheartedly agree with these insights and believe they are crucial for anyone in the field. Let us know if you would add any other ones. #audit #auditorquality #auditorattributes #greatauditor

A thoughtful process is essential to properly define the model to be adopted by the Internal Audit function. This process will be influenced by several factors, including the organization's size, risk appetite, the Board of Directors' understanding of the value Internal Audit can bring, and the available budget, among others. #internalaudit #iastrategy #iaresources

Back from a refreshing family holiday in Florida and ready to dive back into the job search! I'm currently seeking new opportunities in the internal audit field. If you need help preparing for the Global Internal Audit Standards or integrating the new requirements by the 9 January 2025 deadline, I'm here to support. Let's connect to discuss how I can assist with your audit processes or if you have a fitting opportunity in mind. #InternalAudit #GlobalInternalAuditStandards #AuditMethodology #JobSearch

𝑂𝑝𝑡𝑖𝑚𝑖𝑧𝑖𝑛𝑔 𝐼𝑛𝑡𝑒𝑟𝑛𝑎𝑙 𝐴𝑢𝑑𝑖𝑡’𝑠 𝑝𝑒𝑟𝑓𝑜𝑟𝑚𝑎𝑛𝑐𝑒 Someone once told me that if you hire resources with every skill needed for an effective Internal Audit function, the department will end up larger than all other departments combined. Consider the diverse skills required to execute your Internal Audit Plan effectively and efficiently. One thing remains true: regardless of the model your organization adopts—whether it is full in-house, cosourcing or outsourcing—the Chief Internal Auditor retains full accountability for the function. 𝑶𝒗𝒆𝒓𝒔𝒊𝒈𝒉𝒕 𝒂𝒏𝒅 𝒓𝒆𝒔𝒑𝒐𝒏𝒔𝒊𝒃𝒊𝒍𝒊𝒕𝒚 𝒇𝒐𝒓 𝒊𝒏𝒕𝒆𝒓𝒏𝒂𝒍 𝒂𝒖𝒅𝒊𝒕 𝒂𝒄𝒕𝒊𝒗𝒊𝒕𝒊𝒆𝒔 𝒄𝒂𝒏𝒏𝒐𝒕 𝒃𝒆 𝒐𝒖𝒕𝒔𝒐𝒖𝒓𝒄𝒆𝒅. BGA Valued Consulting Inc. #internalaudit #iastrategy #iaresources #iaperformance