In the same way that waters seeks out the path of least resistance, so do people when faced with a control at “breaking point”.… [Read more]
Entries tagged: internal controls
The Illusion of Assurance
Audit’s Hadron Collider
Is an audit equivalent of the Hadron Collider really that far fetched?… [Read more]
Homeland Security – Major Management Challenges

History will tell us that any report that is headed “Major Management and Performance Challenges Facing the …” tends to be a good read.… [Read more]
Wheels Up
How many companies could have been saved had those who knew that something was amiss had the courage to say so.… [Read more]
To Insure Promptitude
What is the organisational equivalent of a tip?… [Read more]
The HLB Internal Control Indicator
We have devised an indicator of the strengthening of an internal control environment.… [Read more]
The London World War 2 Blackout
Testing the unintended consequences of a new process, a new control, a new framework.… [Read more]
Terminal Controls
What should you do with a control that is redundant?… [Read more]
A Wilpena
When you are dealing with an internal control that – quite simply – no one cares about and neither should you.… [Read more]
Perfection
What controls within an organisation are so good that they are barely changed (and don’t need to) from the day that were designed?… [Read more]