Theoretical vs. Practical Internal Audit

Field: Auditing | Delivery Method: Self Study | CPE Hours: 0.5

Is it more important to be theoretical or practical?

We can debate the theory all day, but then you have to make a practical decision that works for your #internalaudit team and organization.

I was recently talking to a couple of #chiefauditexecutive about this topic, especially as it relates to the new IIA global audit standards and how many are trying to implement a theoretical and utopian view of internal audit and are finding it challenging with their senior management team.

Just like it's more important to be effective than efficient, it's more important to find a practical solution instead of insisting on a theoretical one. Theory usually sounds good until one tries to put it into practice.

In this video I explain how we can take a more practical approach that will lead to less resistance from management and the board, and will make our job more fun, fulfilling, and others will start to see us as adding real value to our organizations.

Field: Auditing
Delivery Method: Self Study
CPE Hours: 0.5
Format: Video



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Your Instructor


Jason Mefford
Jason Mefford

Jason Mefford is a rock star in internal audit, risk management and compliance. He typically works with Chief Audit Executives (CAE), Audit Committee (AC) members, and professionals in audit, risk and compliance with the technical and soft-skills needed to navigate the land mines of organizations. He takes complicated, confusing & hard things, makes them practical, proactive & simple to improve learning and transformation.


He's been a Chief Audit Executive, Chief Risk Officer, Chief Ethics and Compliance Officer, Chief Information Security Officer, Board Member, and has trained and consulted organizations all over the world. He is a thought leader in all things governance, risk and compliance (GRC) and internal audit, and is the recipient of multiple awards including:


  • Rising Star in Corporate Governance from Yale University
  • Rising Star in Corporate Governance Award (Finalist) from Corporate Secretary Magazine
  • Thought Leader of the Year (Finalist) from The National Association of Experts, Writers & Speakers
  • Fellow from the Open Compliance & Ethics Group (OCEG) Think Tank


You can learn more about him at: https://www.jasonmefford.com and join him in the Audit Leader Forum™ at: https://bit.ly/AuditLeader


Course Curriculum


  Theoretical vs. Practical Internal Audit
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