Warning. This rule will set some internal auditors' hair on fire.

Warning. This rule will set some internal auditors' hair on fire.

HomeThe Auditor WhispererWarning. This rule will set some internal auditors' hair on fire.
Warning. This rule will set some internal auditors' hair on fire.
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Channel Avatar The Auditor Whisperer2023-05-17 17:15:01 Thumbnail
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How do you spend your internal audit time? The internal audit rule can cause your spine to arch, hair to grow on the backs of your hands, or even set your hair on fire.

We go into this in more detail in our online Internal Auditor training courses.

Check out our FREE weekly newsletter with internal auditing hacks, tips and strategies here: https://www.auditorwhisperer.com/get-free-tips

View all our online internal auditor training and CPE courses here: https://www.auditorwhisperer.com/internal-auditing-courses

Translation:

Here's the Auditor Whisperer's first audit law: 80% is good enough.

This is a very powerful, yet simple concept that can be easily dismissed.

Do not.

Don't be perfect. Don't even try to be perfect.

This concept will set the hairs of some auditors and audit managers on fire. It won't calculate.

They are too used to thinking in a very safe way, as everyone does.

Attempting perfection is not the same as perfect. It equals: failure.

While you were trying to be perfect, others were getting jobs up and down, on time and on budget.

And they all had findings, good reports and stayed within budget.
And you know what else?

No one saw any difference between your report and those reports.

In short: 80% is good enough. Don't perfect; don't even try to be perfect

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