Day: January 22, 2026

Overfamialiarity in internal audit

How Overfamiliarity in Internal Audits Creates a Significant Risk to Quality

On By Umer Iftikhar

Overfamiliarity in internal audits constitutes a major risk, particularly when the same internal audit team—or even the same audit management—repeatedly audits the same operations. While corporate governance laws in many jurisdictions restrict prolonged involvement of internal audit teams with specific engagements, especially for listed companies, and while many internal audit Read More

failures from communication not weak processes

Failures Often Result from Weak Communication, Not Weak Processes

On By Prasant Prusty and Mahmad Aseef

Internal auditors across all sectors are intimately familiar with this pattern: you find an operational failure, trace the steps back through interviews and documentation to understand the root cause, and discover that the underlying process itself was sound. Procedures were well designed. Safety controls were properly established. The risk evaluation Read More