Innovative Practices in Today’s Internal Auditing Synopsis

‘   all professions and their members must continually innovate their relevant knowledge and skill sets’. The results of research in 2007 into innovative practices in internal auditing are discussed, both theoretically and empirically. These support the view ‘   that there are perceptions of innovative resources and practices in internal auditing in the United Kingdom today’. A pattern emerges showing a greater focus on cutting edge resources and practices in quality and efficiency with ‘   less attention being devoted to the expansion of services and the boosting of staff skills and performance’.
Extract from 2007 research by the author and Dr Kenneth D’Silva, Centre for Research in Accounting, Finance & Governance, Department of Accounting & Finance, Faculty of Business, Computing & Information Management, London South Bank University, London, England, presented as a paper at the ECIIA research conference, University of Pisa, Italy, 19–20 April 2007.
After Reading the Case Study Consider:
1. How do the innovative resources and practices discussed in the research findings compare with those in your internal auditing?
2. Are there any implications from these research findings and recommendations for future internal auditing in your organization?