Points of view: Internal Audit ≠ Coaching
Author:
PhD. Alexandru RUSOVICI
JEL:
DOI:
Keywords:
functions, definitions, norms, coach, relationship, levels
Abstract:
At a recent working meeting, I was surprised by a participant when he confused by several comments external audit services with the internal audit function or the internal audit with the coaching function, which represents a type of financial service and a neologism, recently introduced and accepted in Romanian. As I considered inappropriate a comment at that moment, I decided to shortly present the meaning of these new terms, which enrich the available financial services, provided also to financial auditors. \r\n\r\nFrom the start, we must claim that internal audit does not mean coaching. The content of the financial services provided by the internal audit and the coaching reveal some resemblances but also deep inadvertences. If the professional internal auditor is able to provide consulting services and even solutions, coaching goes much further. \r\n\r\nBetween those two notions was established an equation which emphasizes the differences between them and the way we’re conceiving or using them.\r\n\r\n