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Tag Archives: internal auditing
Audit Drips
I was catching up on the podcast backlog today. I listened for the first time to the Risk Hose, which had a meaty midsection on the internal auditing profession, and whether and how internal auditors assess, analyze and otherwise manage … Continue reading
Metrics Gone Wrong: Horsepower at 100% Throttle
In the April issue of Bike magazine, Simon Hargreaves examines the myth of the dyno. The rise of the the Dynojet Dynamometer provided a cheap, standard way to measure motorcycle horsepower, allowing a common manner to rate the impact of … Continue reading
Metrics Gone Wrong: Body Count
From the Washington Post, and which also I heard on the radio this morning, the Colombian army finds a twisted method to meet their performance metrics: But under intense pressure from Colombian military commanders to register combat kills, the army … Continue reading
Fillings
Dental countdown: 4. Juicy stuff from re: The Auditors on SocGen. Latest news out of France has Finance Minister Christine’s Lagarde’s report saying that in addition to controls being lax, (duh!), someone who understand the controls should have never been … Continue reading
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Tagged hostages, insider threat, internal auditing, scooters, socgen, war
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Segregation of Obscurity
From Forbes account of the Societe Generale billion dollar fraud: “It’s Nick Leeson, the story is exactly the same,” said Celent’s Pierron. “We have a trader who trades futures, or derivatives, who hides his losses by using weaknesses in the … Continue reading
Confusion In My Eyes That Says It All
I figured I’d wait until after my paternity leave was over before I started thinking seriously about words like “control” and “compliance,” but I felt the need to say something after reading Bejtlich’s post “Controls are Not the Solution to … Continue reading
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Tagged compliance, controls, internal auditing, risk assessment, risk management
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Compliance for Road and Track
My Alfa, a 72 GTV coupe, like all GTVs of its approximate vintage, has a recessed panel in the headliner over the back seats. It has proven to be a mystery to passengers in the car, looking like the cruelest … Continue reading
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Tagged alfa, compliance, internal auditing, motorisk, risk assessment
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Half Baked
What follows are annoying thoughts that have been ground to meaningless gravel in my head for the past month or so. As soon as I think them through, and dismiss them, my brain belches them back up. Committing them to … Continue reading
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Tagged breach notification, compliance, internal auditing, risk management
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New Concepts in Data, Compliance and Marketing or The Overly Dramatic Truth
Like the rest of the world, I read J. Cline’s article on the upcoming data eclipse while listening to El P’s I’ll Sleep When You’re Dead, which is the best way to read it. J. Cline is prophesyin’ the impending … Continue reading
Sufficiency, Competence, Relevance
I returned to work after a refreshing and invigorating vacation in Wisconsin and greater Chicagoland. After marking random e-mails as “Read,” I look over some notes I took in a prefreshed state, most particularly this line: “Reality vs. ????” I … Continue reading
The One In Five 