I try to stay attuned to the expectations of audit committee members when it comes to their internal audit functions. Dating back to my days at PwC (more than 15 years ago), I regularly engaged audit committee members in informal, off-the-record conversations. These exchanges, because they could be more candid, helped me to better understand what chief audit executives were doing well, and how they could improve.
The insight provided me with great coaching points for clients at the time, and for the profession in general during my years at the helm of The IIA.
Since leaving The IIA, I have continued having occasional conversations with audit committee members, but in preparing for an upcoming IIA GAM presentation, I felt it would be helpful to put my ear to the ground and gain additional perspective on how audit committee members believe we are doing.