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Does internal audit need a strategic plan?

Norman Marks

Noora Al-Marri makes a good argument that you need one in an article in the IIA’s magazine: Building a Better Auditor: Why Internal Audit Needs a Strategic Plan. Noora says: I believed that the risk-based plan should be the roadmap to guide internal audit functions throughout the year.

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Transcript: Joanne Bradford

The Big Picture

And so I ended up working at Business Week Magazine for almost 13 years. And so we offer that plan for $2,500. If it’s more complex, we offer a strategic plan or a full comprehensive plan where we’ll help rebalance and, and do your portfolio for $7,500. I did that for two years. It was fun.

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2018 Berkshire Hathaway Annual Shareholder Meeting

Brown Advisory

It doesn’t manage for quarter-to-quarter earnings, provide earnings guidance, or have budgets and strategic plans at the parent company, though some of the subsidiaries do. Berkshire doesn’t do strategic plans.) Berkshire is unusual among public companies. The people and the world will be different then.

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2018 Berkshire Hathaway Annual Shareholder Meeting

Brown Advisory

It doesn’t manage for quarter-to-quarter earnings, provide earnings guidance, or have budgets and strategic plans at the parent company, though some of the subsidiaries do. Berkshire doesn’t do strategic plans.) Berkshire is unusual among public companies. The people and the world will be different then.

Assets 52
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10 Weekend Reads

The Big Picture

New York Magazine ) • One Man’s Quest to Heal the Oceans—And Maybe Save the World : “Suddenly, we’re seeing that the impacts of climate change are not something that is going to be suffered by somebody else. Miller Samuel’s research and data analytics drive much of the national real estate brokerage publications and strategic plans.

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Transcript: William Cohan

The Big Picture

RITHOLTZ: I’m trying to remember which magazine it was, might have been Fortune, declared him the greatest CEO of the 20th century. You know, they hired this guy, Mike Carpenter, you know, from McKinsey to be the M&A guy and you know, just create a strategic planning department just to do deals. RITHOLTZ: Yeah.