Internal audit: Difference between revisions

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By contrast, your total incompetence when negotiating a critical indemnity will fly leagues over their heads. Because [[internal audit]] wouldn't have the first clue what [[gross negligence]] even is, let alone what amounts to it, much less how one would recognise an indemnity if one happened across one, whether [[carve out|carved out]] or not.
By contrast, your total incompetence when negotiating a critical indemnity will fly leagues over their heads. Because [[internal audit]] wouldn't have the first clue what [[gross negligence]] even is, let alone what amounts to it, much less how one would recognise an indemnity if one happened across one, whether [[carve out|carved out]] or not.


The secret, for the most part, is to steer clear of [[service level agreements]], [[key performance indicators]], [[target operating model]]s. Articulate your contribution to the ongoing wellbeing and measurable aspects of your performance. The experienced commercial solicitor is a vessel for ineffable wisdom. His output is incomprehensible genius. So in large part this is quite manageable.  
The secret, for the most part, is to steer clear of [[service level agreements]], [[key performance indicators]], [[target operating model]]s. Articulate your contribution to the ongoing well-being and measurable aspects of your performance. The experienced commercial solicitor is a vessel for ineffable wisdom. His output is incomprehensible genius. So in large part this is quite manageable.  


===[[Internal audit]] as [[bloatware]]===
===[[Internal audit]] as [[bloatware]]===
[[Internal audit]] as we know it today has only become possible thanks to the information revolution, the advance of which technology naturally time-stamps and taxonomises the firing of every neuron that comprises a significant moment in a modern corporation’s life.  
[[Internal audit]] as we know it today has only become possible thanks to the information revolution, the advance of which technology naturally time-stamps and taxonomises the firing of every neuron that comprises a significant moment in a modern corporation’s life.  


===Who monitors the monitors?===
===Who monitors the monitors?===
Internal auditors have recently hit upon the need to internally audit themselves. To the extent there is not something auto-erotic about this, there is something potentially dystopian about it. May this be the point, greatly anticipated, at which the fallow corporation — famously, a person in legal fiction, able to sue and be sued but not one in a social sense, able to share a pint down that the local — becomes self-aware?
Internal auditors have recently hit upon the need to internally audit themselves. To the extent there is not something auto-erotic about this, there is something potentially dystopian about it. May this be the point, greatly anticipated, at which the fallow corporation — famously, a person in legal fiction, able to sue and be sued but not one in a social sense, able to share a pint down that the local — becomes self-aware?


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