Audit Careers

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    01-Dec-2014
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A strategic overview of the careers within audit profession.

Transcript of Audit Careers

  • 1. Your Career in Auditing Mary Anne Burke
  • 2. Create positive change
    • Look at your companys armor
    • Empower your IA career
    • Audit Makeover
    • Be proactive
    • Get management buy in
    • Longevity
  • 3. Developing Talent
    • Take a long term view
    • Keep staff challenged and grow professionally
    • Rotational programs
    • Encourage cross training
    • Career planning sessions
    • Mentoring
  • 4. Retention and Corporate Culture
    • Collaborative, supportive team players
    • Desirable place to work
    • Provide interaction with management
    • Personal contributions and success of the business
    • Encourage networking
    • Give employees more responsibility
  • 5. The art of possibilty
    • Unique
    • Industry credentials and certifications
    • Education advancement
    • Various soft skills and characteristics
    • Flexible solutions
    • Sustainable goals
    • Continuous improvement
    • Guiding and integrating the autonomous but interconnected work of highly skilled people.
  • 6. What is the Persuasive evidence?
    • First: Companies are now gaining insights that managing talent within the auditing world is critical to the long term success for their companies.
    • Companies need to be more responsive: and to maintain and keep their investments i.e. people.
    • People are a company's most cherished intellectual asset.
    • Success begins, and gains momentum.
  • 7. What is the Persuasive evidence?
    • Second: It is essential that the global skills inventory of the "best and the brightest" be challenged.
    • We must constantly ask ourselves:
    • What can we do to improve the audit industry and to improve our own career?
    • As we all know one person can make a difference.
  • 8. What is the Persuasive evidence?
    • Third: There is a shortage of talent.
    • Noted is the high ethical standard we place on the industry.
    • The key to success is in the fabric of our people.
    • One of the most important things I tell my clients is once we hire an audit professional we need to boost the long term employability to keep skills, and share knowledge.
    • This is the basis on which the IIA and ISACA builds "sharing knowledge".
    • Sharing the knowledge is what it is all about
  • 9.
    • We all need to sharpen our skills and audit our own careers
    • Do what you do best !
    • Lets reflect on the conclusions of our establishment
    • There is a message to share in my work
    Persuasive evidence
  • 10. Designing a Career in Auditing is
    • Time consuming
    • A badge of honor
    • Gratifying
    • Uncertain
    • Exciting
    • A learning experience
    • Positive
    • Complex when dealing with
    • scheduling conflicts, and travel
    • People skills
    • Discipline
    • Vision: knowing what you want and being able to attain it
    • Momentum / Cyclical
    • Timing
    • Challenging
    • Rewarding experience for all
    • Critical to your success
  • 11. Challenges of Developing a Global Workforce
    • Changes in demographics
    • The demands of Gen Y and X
    • Increasing diversity
    • New technologies have eliminated barriers of distance, time, boundaries.
    • Changing risk profile
    • Are we hiring the right skills for the task?
  • 12. Empower Your Audit Career Today
    • Attend networking groups
    • Listen carefully
    • Update your resume
    • Hear with your eyes
    • Find a mentor
    • Share your knowledge with others
    • Mentor others
    • Sharing is power
  • 13. Empower Your Audit Career Today
    • Think and Listen more carefully than ever before
    • Share your energy and your knowledge
    • Make interviewing part of your every day communication
    • Teach others about what you have learned here at U of MD
    • Be proud of you and your auditing career
    • People around the world depend on you
  • 14. Global trends in covering international operations
  • 15. The talent war has gone globaland so have talent shortages
  • 16. BRAIN POWER
  • 17. Rock Star Status !
    • Situation
    • Task
    • Action
    • Results
  • 18. IMPORTANT Essential skills
    • Being viewed as a leader
    • Extensive travel to see operations
    • Truly understand the business strategies, grasping the business challenges and analyze business processes.
    • Determining the skill set you can offer - testing, assessment, guides OR practical and accurate planning based on judgment
  • 19. Different career paths
    • Industry: SEC and non SEC reqs
    • Governmental: reqs
    • Consulting : reqs
  • 20. Choices
    • Operational
    • Financial
    • Information Technology
    • Fraud
    • ERM
  • 21. The government agencies with the highest rates of job satisfaction
    • 1. Office of Management and Budget
    • 2. Nuclear Regulatory Commission
    • 3. NASA
    • 4. National Science Foundation
    • 5. Justice Department
    • 6. State Department
    • 7. National Credit Union Administration
    • 8. Social Security Administration
    • 9. U.S. Agency for International Development
    • 10. General Services Administration
  • 22. Results-Oriented Resumes
    • Contact Information
    • Executive Summary
    • Experience
    • Key Accomplishments
    • Education
    • Professional Associations, Board Affiliations, Awards and
    • Publications
    • Languages
  • 23. The interview
    • Demand for salaries ; balancing perception with reality and expectation
    • Pulse of the industry
    • Commitment
    • Preparedness
    • Sustainability of your career with the company, agency, firm, org