))
IAM010 – Should An Internal Auditor Be Friends With Co-workers?
Archived series ("Inactive feed" status)
When?
This feed was archived on October 02, 2018 02:40 (
Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 151202575 series 1019944
Content provided by Allan Misner: Chief Audit Executive. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Allan Misner: Chief Audit Executive or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
We need to develop solid relationships with the people we work with, but should we go as far as to be friends with the people at work?
A few considerations:
What is a friend?
Independence & Objectivity:
- Personal Relationship
This threat may arise when an auditor is a close relative or friend of the manager or an employee of the audit customer unit. The auditor may be tempted to overlook, soften, or delay reporting negative audit findings to avoid embarrassing the friend or relative. Such a threat is magnified if there are any romantic relationships between the auditor and an employee of the auditee in work environments.
- Familiarity
This threat may arise due to an auditor’s long-term relationship with the audit customer or when the auditor has formerly worked in the customer unit. Familiarity may lead an auditor to lose perspective on an audit by making the auditor overly sympathetic to the customer. Alternatively, familiarity may lead an auditor to prejudge an audit customer on the basis of previous problems (or non-problems) and assume a posture consistent with the prejudgment rather than taking a fresh, objective look.
Confidentiality:
I’ve been reading the novel, “Revenge of the Cube Dweller” by Joanne Fox Phillips and I’ve been struck by how much her main character, an internal auditor, Tanzie Lewis is discussing about her job to her friends and family. She eventually finds herself in a frightening situation, not knowing what was shared by someone she entrusted.
Knowledge of things your friend isn’t privy to (results, actions and plans)
Always On:
Beyond being careful what you a say, you’re likely to hear things from your work friend that may require additional inquiry or investigation.
15 episodes
Share
