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Key meeting during an audit engagement
Overall, meetings play a vital role in facilitating communication, collaboration, and understanding between the internal audit team and...
Isaac Omosa
Jul 18, 20232 min read


Organizational Culture; How can internal audit improve organizational culture?
Internal audit can play a significant role in improving organizational culture by promoting transparency, accountability, and ethical...
Isaac Omosa
Jul 18, 20232 min read


The clarity paradox
success can distract us from focusing on the essential things that produce success in the first place
Isaac Omosa
Mar 29, 20231 min read


Fraud Detection Using Benford law
Benford law Analysis using Excel to detect Fraud Benford’s law is a mathematical tool and a method of determining whether investigated...
Isaac Omosa
Feb 13, 20234 min read


Teamwork: Why teamwork is not always the optimal strategy or option
Based on studies conducted by Maximilian Ringelmann, the power ( physical or mental) of two people undertaking a task does not equal...
Isaac Omosa
Apr 5, 20222 min read


Should Internal auditors be seen as business partners?
Internal auditors need to be able to get to the heart of what is happening in an organization else they will not be deemed be adding...
Isaac Omosa
Mar 23, 20221 min read


Artificial Intelligence (AI): From the Internal Audit perspective
AI are tools, just like spreadsheets and pivot tables, and useful only when we understand how to use them to improve business processes....
Isaac Omosa
Mar 23, 20222 min read


Risk dilemma; Do positive risks exist?
When it comes to risk management it’s clear that the negative side of risks is what is considered most - Negative risks are clearly of...
Isaac Omosa
Mar 23, 20221 min read


Occupational Fraud: All you should know
Occupational fraud is the largest and most prevalent fraud threat organizations may face. Millions of businesses and government...
Isaac Omosa
Mar 23, 20222 min read


Can Internal Audit Plan be Agile
There was a time when internal auditors could, indeed, "plan their audit work, and work their audit according to that plan." But that was...
Isaac Omosa
Mar 23, 20222 min read


Cognitive biases -Audits can go wrong
As auditors, we often obtain audit evidence by various means, but in most cases, information and explanations are obtained through...
Isaac Omosa
Mar 23, 20223 min read


Revisiting Role of Internal Audit in Cyber Security
The recent cyber-attacks globally have forced most governments and regulators to intensify their focus on cyber security through...
Isaac Omosa
Mar 23, 20222 min read


Root Cause Analysis – Why it's important in audit reporting
From studies, it has been observed that internal auditors are prone to making generic recommendations that resonate with the findings...
Isaac Omosa
Mar 23, 20221 min read


Fighting Fraud: a continuous battle
Fraud prevention is better than cure, the amount invested in prevention is less than half of the losses when fraud occurs.
Isaac Omosa
Mar 23, 20221 min read


Soft Controls; Auditing Perspective
Hard controls, ineffective soft controls can impede the achievement of organisational objectives. Due to major frauds and corruption...
Isaac Omosa
Mar 23, 20222 min read
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