Leading an Internal Audit Function for The 21st Century – Experience of Telekom Malaysia

Whilst the management philosophy and strategic thrusts in building an effective internal audit (IA) function are becoming clearer to most CAEs, the future must-win battle is really in Talent Management, as the competition from both outside and inside the company for key talent has intensified. The f...

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Bibliographic Details
Main Author: Hashim Mohammed
Format: Article
Language:English
Published: Universiti Malaya 2009-12-01
Series:Asian Journal of Accounting Perspectives
Subjects:
Online Access:https://sare.um.edu.my/index.php/AJAP/article/view/3647
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author Hashim Mohammed
author_facet Hashim Mohammed
author_sort Hashim Mohammed
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description Whilst the management philosophy and strategic thrusts in building an effective internal audit (IA) function are becoming clearer to most CAEs, the future must-win battle is really in Talent Management, as the competition from both outside and inside the company for key talent has intensified. The future sustainability of an IA function and value creation will depend on key individuals with mastery in not just accounting and internal auditing, but in general management skills, deep rooted business knowledge, leadership and the ability to create value. The traditional way of managing talent is not going to work in the future. How well managers and leaders understand the people’s personal aspirations and plans, and matching them with the company and function strategic needs will define the success of leading and transforming an IA function.
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spelling doaj.art-a28a42b3abde4dbfaeaa6232c14e49662022-12-21T20:06:56ZengUniversiti MalayaAsian Journal of Accounting Perspectives2672-72930128-03842009-12-0121Leading an Internal Audit Function for The 21st Century – Experience of Telekom MalaysiaHashim Mohammed0Board Audit Committee, Telekom Malaysia BerhadWhilst the management philosophy and strategic thrusts in building an effective internal audit (IA) function are becoming clearer to most CAEs, the future must-win battle is really in Talent Management, as the competition from both outside and inside the company for key talent has intensified. The future sustainability of an IA function and value creation will depend on key individuals with mastery in not just accounting and internal auditing, but in general management skills, deep rooted business knowledge, leadership and the ability to create value. The traditional way of managing talent is not going to work in the future. How well managers and leaders understand the people’s personal aspirations and plans, and matching them with the company and function strategic needs will define the success of leading and transforming an IA function.https://sare.um.edu.my/index.php/AJAP/article/view/3647Internal Audit FunctionAudit Management
spellingShingle Hashim Mohammed
Leading an Internal Audit Function for The 21st Century – Experience of Telekom Malaysia
Asian Journal of Accounting Perspectives
Internal Audit Function
Audit Management
title Leading an Internal Audit Function for The 21st Century – Experience of Telekom Malaysia
title_full Leading an Internal Audit Function for The 21st Century – Experience of Telekom Malaysia
title_fullStr Leading an Internal Audit Function for The 21st Century – Experience of Telekom Malaysia
title_full_unstemmed Leading an Internal Audit Function for The 21st Century – Experience of Telekom Malaysia
title_short Leading an Internal Audit Function for The 21st Century – Experience of Telekom Malaysia
title_sort leading an internal audit function for the 21st century a€ experience of telekom malaysia
topic Internal Audit Function
Audit Management
url https://sare.um.edu.my/index.php/AJAP/article/view/3647
work_keys_str_mv AT hashimmohammed leadinganinternalauditfunctionforthe21stcenturyaexperienceoftelekommalaysia