Audit-l is sponsored by Audit Leverage by IAD Solutions, Inc. Audit Leverage is a department management software package that integrates and automates the entire audit process. This comprehensive package includes risk assessment, audit planning, budgeting, staffing, scheduling, timekeeping, automated work papers, audit findings & recommendations, reporting and audit follow-up. Audit Leverage allows auditors in the field to work off-line and dial in to synchronize their work with the Audit Leverage database on the network, enabling managers to review the work papers instantly without being at the job site.
Demo available at www.auditleverage.com *************************************** I think you are on track with your recommendations for SMART performance measures. You may want to consider educating your CEO about internal audit's and management's control responsibilities. Measurement suggestions: Consider some sort of feedback evaluation form that allows you to record and present the value you brought to the organization from a particular audit. The auditees could also complete a feedback questionnaire that ranks your performance in particular areas. You might also consider the percentage of audit coverage in key areas, such as where fraud has been found or is likely. Another measure could be the percentage of time performing audits vs. administrative time. Good Luck. -----Original Message----- From: J. Tandi [mailto:[EMAIL PROTECTED]] Sent: Friday, April 05, 2002 5:46 AM To: Auditnet (E-mail) Subject: Internal Audit key performance indicators Audit-l is sponsored by Audit Leverage by IAD Solutions, Inc. Audit Leverage is a department management software package that integrates and automates the entire audit process. This comprehensive package includes risk assessment, audit planning, budgeting, staffing, scheduling, timekeeping, automated work papers, audit findings & recommendations, reporting and audit follow-up. Audit Leverage allows auditors in the field to work off-line and dial in to synchronize their work with the Audit Leverage database on the network, enabling managers to review the work papers instantly without being at the job site. Demo available at www.auditleverage.com *************************************** My Boss who is the CEO would like me to come up with key performance indicators against which h would measure my performance. He requires them to be SMART ( specific, measurable, achievable, realistic and time based).I have gone through with him my annual plan, budget, etc but he insists these do not suffice. In my proposed indicators l have included such things as no of reports, recommendations implemented, budget performance, achieving set plan etc. This to him is not sufficient and he wants me to include such things as No. of frauds unravelled compared to previous years in dollars and quantity terms, reported against those determined by audit, etc. Can you suggest more indicators for me please. If your organization would like to sponsor this discussion list send an e-mail to [EMAIL PROTECTED] for information. To unsubscribe to the Audit-l list send an e-mail to [EMAIL PROTECTED] Leave the subject line blank and include the following message in the body: Unsubscribe audit-l (yourname) Thanks, Jim Kaplan List Manager If your organization would like to sponsor this discussion list send an e-mail to [EMAIL PROTECTED] for information. To unsubscribe to the Audit-l list send an e-mail to [EMAIL PROTECTED] Leave the subject line blank and include the following message in the body: Unsubscribe audit-l (yourname) Thanks, Jim Kaplan List Manager
