Skip to Content

​Where Were the Internal Auditors?

Online Exclusives ​Mohamad Kaissi, CIA, CRMA, CFE, CAMS Mar 25, 2021

When it comes to managing fraud risk, practitioners need to make their presence known.

​Most internal auditors dread hearing management ask, “Where were the auditors?” — particularly when it relates to fraud. The moment fraudulent activity is uncovered, organizational stakeholders often blame the auditors even before holding perpetrators accountable. As a result, auditors can find themselves on the defensive and fail to engage in valuable activities such as consulting — they lack trust and fear reprisal in the event of any unforeseen fraud or operational errors in the areas for which they provided services. So rather than covering their organizations against fraud, internal auditors frequently seek to cover their backs. It is time for that to change.

Find your local chapter.

You are attempting to access subscriber-restricted content.

Are You Ready to Experience Everything Internal Auditor (Ia) Has to Offer? Sign in or become a member to gain access to the latest internal audit news and information today.


​Mohamad Kaissi, CIA, CRMA, CFE, CAMS

​Mohamad A. Kaissi is a consultant and training services provider and former chief audit executive for Banque Misr Liban in Beirut.