
Sign up to save your podcasts
Or


Independence and objectivity are two words I hear auditors use incorrectly all the time. Even though the standards describe internal audit as being independent and objective, the truth is very few internal audit functions are truly independent, but we have to remain objective. While we may not be able to control our independence (don't worry I explain in the episode) we have complete control over being objective.
"It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently." Warren Buffet. While lacking objectivity won't really get you "killed" it can definitely get you fired.
By Jason Mefford4.8
1919 ratings
Independence and objectivity are two words I hear auditors use incorrectly all the time. Even though the standards describe internal audit as being independent and objective, the truth is very few internal audit functions are truly independent, but we have to remain objective. While we may not be able to control our independence (don't worry I explain in the episode) we have complete control over being objective.
"It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently." Warren Buffet. While lacking objectivity won't really get you "killed" it can definitely get you fired.