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Ron, I tend to agree with your generalizations about CPA's working as internal auditors. At one time in my career, I was an Audit Manager and found CPA's very set in there ways on how to perform internal audits. Seems they were always interested in determining if accounts were properly reconciled, expenses/revenues properly classified, etc. They were for the most part not interested in the control and security infrastructure in a company...like their CIA counterparts were. Another generalization I found was that CPA's seemed to be more intelligent than the CIA's...but the CPA's lacked creativity (which in my opinion was a more important attribute in the audit function). Tony CIA,CISA,CDP,MBA IT Security Manager >From: [EMAIL PROTECTED] >To: [EMAIL PROTECTED], [EMAIL PROTECTED] >Subject: Re: Value of CIA >Date: Sun, 21 Jul 2002 10:12:45 EDT > >This is just a personal experience thing on my part and not a scientific >study. But, when I was Director of Internal Auditing and was looking for >staff, I found that staff hired with a CPA background had to be totally >retrained to be a good modern internal auditors and some were >un-retrainable. >Don't get me wrong on this, I am a CPA and spent several years doing CPA >(certified audits & taxes) work including with a national CPA firm. But, >when >I went in to internal auditing (modern that is, not the internal audit >shops >that simply do what the CPA firms do!), it took me maybe 4 or 5 years to u >nderstand modern internal auditing and to retrain myself. I went through a >lot of training and painful experiences - but I made it! > >So, is a CIA needed to be a good internal auditor. Well, no! But, if you >are >a CPA you will need a lot of retraining to be a good modern internal >auditor! >And getting the CIA is a good, but not only way to do this! > >This should get a lot of good responses/opinions - Ha! > >Everyone HAND and remember "Progress (Survival!) Through Sharing" > >Ron Keister, CIA, CPA >FYI: I have a BS in Accounting, a Master of Accountancy, and 15 hours work >on >my EdD in Higher Education Finance Administration > >In a message dated 07/19/2002 12:13:24 PM Eastern Daylight Time, >[EMAIL PROTECTED] writes: > > > Audit-l is sponsored by Audit Leverage (IAD Solutions, Inc.) > > www.auditleverage.com > > *************************************** > > > > I prepare to be flamed. > > > > The main impact of enron/worldcom will be chiefly in the commercial >sector > > - > > on this side of the pond the equivalent qualification is MIIA and it is > > still pretty rare to see a Head of Internal Audit who does not have a >more > > generalised business or financial qualification - such as CIMA/ACA/ACCA >or > > MBA. Very different in the public sector here, but there is an aversion >in > > the commercial sector to people who have over-specialised in Internal > > Audit. > > > > > > If I were recruiting a Head of Internal Audit, I think an ex-CFO with a >CPA > > would be a strong candidate and I am not sure that having MIIA/CIA would > > add > > a great deal to the equation. _________________________________________________________________ MSN Photos is the easiest way to share and print your photos: http://photos.msn.com/support/worldwide.aspx 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 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
