Download - Audit Careers

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Page 1: Audit Careers

Mary Anne Burke

Your Career in Auditing

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Create positive change

• Look at your company’s armor• Empower your IA career• Audit Makeover• Be proactive• Get management buy in • Longevity

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Developing Talent

• Take a long term view • Keep staff challenged and grow

professionally • Rotational programs• Encourage cross training• Career planning sessions• Mentoring

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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

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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.

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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.

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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’.

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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

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We all need to sharpen our skills and ‘audit our own careers’ 

“Do what you do best’ !  Let’s reflect on the conclusions of

our establishment There is a message to share in my

work

Persuasive evidence

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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

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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?

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Empower Your Audit Career Today

Attend networking groupsListen carefully

Update your resume

Hear with your eyesFind a mentor

Share your knowledge with othersMentor others

Sharing is power

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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 dayevery 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

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The talent war has gone global—and so have talent shortages

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BRAIN POWER

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Rock Star Status !

• Situation

• Task

• Action

• Results

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“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

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Different career paths

• Industry: SEC and non SEC req’s

• Governmental: req’s

• Consulting : req’s

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Choices

• Operational

• Financial

• Information Technology

• Fraud

• ERM

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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

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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, organization

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• What do you know about our company?• Before you go into the interview, you want to

research the company so you know as much as possible about its products, size, quarterly revenues, image, reputation, management, history, philosophy, goals, problems,

and competitors. Communicate that you have made a conscious choice to target this company because of the great things that you know about it.

“Be prepared for questions”

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IMPORTANT

• Well educated

• Well certified

• Strong prior experience

• Industry certified

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Networks and Social Media

• Facebook

• Twitter

• Linked-In

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Knowledge is power … • Certified Public Accountant (CPA)

• Certification in Control Self Assessment (CCSA)

• Certified Internal Auditor (CIA)• Certified Information Systems Auditor (CISA)• Certified Bank Auditor (CBA)• Certified Computer Professional (CCP)

• Certified Financial Services Auditor (CFSA)

• Certified Gov’t Auditing Professional (CGAP)

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Key Success Factors for Today’s Auditors

1. ID Behavioral Competencies2. Utilize behavioral interviewing skills3. Be a S.T.A.R.4. Determine the essential skills5. Be an “A” Player6. Demonstrate Personal Integrity7. Leadership can always be improved upon8. Be a team player yourself and surround yourself with

team players 9. Exercise Operational Efficiency10. Be prepared for any question you may be asked11. Think ahead and anticipate that changes will and do

occur12. Value Ethics

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THANK YOU FERGUSON & BURKE Retained Executive Search

People are your most valued asset to your company

703.360.2323 800 .401.2323

[email protected]