Transformation of Skills Key to Success for Internal Auditors, Reveals Report

Transformation of Skills Key to Success for Internal Auditors, Reveals Report 
Robert Half, The Institute of Internal Auditors Identify Seven Attributes of 
Highly Effective Professionals 
MENLO PARK, Calif., March 7, 2013 /CNW/ - Internal auditors looking to gain a 
professional edge will want to sharpen a number of non-technical skills, 
according to a new white paper just released by Robert Half and The Institute 
of Internal Auditors. Succeeding as a 21st Century Internal Auditor: 7 
Attributes of Highly Effective Internal Auditors outlines the qualities that 
have emerged as essential for practitioners in a constantly shifting business 
The white paper is co-authored by Richard Chambers, president and CEO of The 
Institute of Internal Auditors, and Paul McDonald, senior executive director 
of Robert Half. Audit executives from global organizations representing 
diverse industries -- including financial services, manufacturing, defense and 
retail -- contributed their insights to the report. 
The seven attributes essential for success are: 
1. Integrity -- This characteristic is important in any business 

     setting but particularly critical in internal audit. Practitioners
     must possess the confidence, trustworthiness and resilience to
     handle a variety of complex situations. Integrity is difficult to
     measure and generally surfaces when real-life situations put

 someone's strength of character to the test.
  2. A talent for relationship-building -- Successful internal audit 

     professionals foster credibility long before an audit begins. In
     building solid relationships, they can develop a better
     understanding of the company's products, systems and risks,

 thereby making more valuable contributions.
  3. Ability to partner -- Positive relationships create the foundation 

     for partnering with business and operational leaders. The ability
     to partner enables internal auditors to execute effectively,
     balancing a customer service orientation with the ability to meet

 regulatory requirements.
  4. Communication abilities -- Writing concise, compelling reports is 

     only one aspect of being a good communicator. Speaking, listening
     and finding the best way to visually present data are necessary to

 be effective in an internal audit role.
  5. Teamwork -- While relationship-building and partnering refer to 

     working with people outside the internal audit function, teamwork
     applies to the ability to work well with one's departmental
     colleagues. The highly integrated nature of the business processes
     examined by internal auditors requires intensive collaboration

 among professionals with different areas of technical expertise.
  6. Openness to diverse perspectives -- Today's workforce includes 

     people of different backgrounds, generations, experiences and
     skill levels. Internal auditors who have a global mindset and can

 view issues through multiple perspectives are highly valued.
  7. Commitment to continuous learning -- Professionals who are 

     dedicated to lifelong learning position themselves for more
     successful careers because they are able to quickly adapt to
     change. As business needs and environments shift, naturally
     inquisitive internal audit professionals who are proactive about
     their development will be ahead of the curve, rather than behind

"There's no question the internal auditor's role has expanded in recent years. 
We're no longer just bean-counters. Today's auditors also need to understand 
how the beans are grown, harvested, marketed and shipped," said Chambers. "As 
chief audit executives assemble world-class teams, they now consider technical 
skills a given and look to non-technical attributes as the true 
differentiators separating the good practitioners from the great ones."

McDonald noted that in recruiting for internal audit roles, employers often 
weigh non-technical skills as highly as functional knowledge when evaluating 
job candidates.   "Hiring managers are assessing leadership attributes, 
judgment and advancement potential as much as they are internal audit 
knowledge," he said. "Gone are the days when so-called 'soft-skills' were the 
'nice-to-haves.' Now they are 'must-haves' for a successful career."

Chambers and McDonald will present a session at the upcoming IIA General Audit 
Management Conference to discuss the paper's findings in greater detail. The 
session is scheduled for Tuesday, March 19, in Las Vegas.

About Robert Half International Robert Half International was founded in 1948 
and is traded on the New York Stock Exchange. Its financial staffing divisions 
include Accountemps, Robert Half Finance & Accounting and Robert Half 
Management Resources, for temporary, full-time and senior-level project 
professionals, respectively. The company has staffing locations worldwide and 
offers online job search services on its divisional websites, all of which can 
be accessed at

About The Institute of Internal Auditors Established in 1941, The Institute of 
Internal Auditors (IIA) is an international professional association with 
180,000 members in 190 countries worldwide. The IIA is the global voice and 
standard-setting body for the internal audit profession around the world.

Robert Half International, Michael Weiss, +1-650-234-6383,; The Institute Of Internal Auditors, Scott C. McCallum, 

SOURCE: Robert Half International Inc.

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CO: The Institute of Internal Auditors
ST: California

-0- Mar/07/2013 10:01 GMT

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