Professional

Larry Hubbard, now retired, offered quality assessment, training and consulting services to internal auditors. Larry performed full external Quality Assessments and validated the self-assessments of audit departments (SAIV) for compliance with the International Standards for Professional Practice of Internal Auditing. Larry also facilitated the self-assessment process for departments using the Internal Audit Capability Model (IA-CM) published by The IIA Research Foundation.

Audit Beliefs

Before I come on-site, you should know some things about my audit views. These are at the core of all my work.

I believe:

• Management controls are things managers put in place to help activities work right.

• Setting objectives is one of the most basic management controls.

• Internal control frameworks, like COSO and CoCo, are mainly for auditors.

• There's no such thing as a "good audit finding".

• The best audit report is no audit report - as in, Everything Was OK!

• Everything internal auditors do should help reduce the need for after-the-fact auditing.

• Recommendations don't add value. Implementation does.

• Consulting is about improving process flow; auditing is about evaluating controls in process flow.

• People doing the work always know more than those reviewing their work.

• In the future, great auditors must be great facilitators.

I also believe training should be fun!

• Participants learn more when it is fun.

• Fun makes everyone more creative.

• Having fun is good for auditors.

• Boring training is really boring!

Want to know why I believe these things? Contact me.

Larry Hubbard