Good internal auditors are hard to find.
If you do get a good one nurture them. Give them extra training.
At the same time make sure they don’t leave your business. They are really valuable to your business.
Internal auditors can assess your processes to see if they are being complied with and that work is being performed as planned. Based on their experience, they can spot problems in or between your processes that may be invisible to Line Management.
This blog comes from an ongoing series that originated from "26 Ideas for Working from Home for Compliance Professionals".
One business I’m closely associated with, pays its internal auditors more than their fellow colleagues that aren’t internal auditors. They value the internal auditors so highly that they get a few dollars more per hour than others.
Thus, one of those tasks that can be done on lockdown or during furlough is to provide some online internal auditor training for those employees who you want to become internal auditors.
To help you create your training courses and your training material I have found a great YouTube Channel that has some brilliant internal audit advice.
Enjoy the free advice.
- Why conduct internal audits?
- 7 Principles of Internal auditing
- Difference between First party audits, Second party audits and Third party audits
- Do you NEED an audit plan? And more importantly, how to create one
- What is meant by Audit Objective, Scope and Criteria?
- How to Audit a Process that is Not Defined
- What Evidence does an Auditor Need to See?
- How to Audit and Operational Activity That You Don't Know Much About?
Conducting the Audit
- Types of Questions You Should Be Asking in an Internal Audit
- How to gather OBJECTIVE audit evidence!
- How Much Audit Evidence is ENOUGH?
- Steps you can take if the auditee is uncomfortable with the audit process
- How to communicate an audit finding of NON-CONFORMANCE
- What to do if an auditee produces more evidence after the audit
- Are People Skills Important for an effective Audit?