top of page
  • Facebook
  • Twitter
  • Linkedin

Internal Auditor's Work Ethic: A Balance Between Focus, Buffering, and Free Time Rest

Writer's picture: John C. Blackshire, Jr.John C. Blackshire, Jr.



As a professional internal auditor, you play a pivotal role that is as demanding as it is rewarding. You're the guardian of organizational integrity and efficiency, combing through company records, pinpointing compliance issues, spotting risks, investigating fraud, and offering invaluable council on management action plans. But how labor-intensive is the life of an internal auditor? And more importantly, how can you manage your workload to optimize efficiency and well-being?


A Harmonious Trio of Workday Categories


Under the mentorship of Dan Sullivan in my CEO Coaching Group, I was introduced to a profound concept about managing workdays. He proposed that an executive's workdays should be neatly divided into three categories: Focused days, Buffer Activities days, and Free days. This segmentation encourages a balanced approach to work that not only ensures productivity but also gives due importance to mental health and overall well-being.


Focused Days


Focused days are exactly what they suggest: days devoted to high-level, value-driven tasks. These are the days when internal auditors delve head-first into the heart of auditing, scrutinizing financial documents, identifying risks, and formulating solutions. It's during these days that the most critical part of an auditor's job unfolds.


However, according to this concept, these focused days should ideally make up only one-third of the work time. Working with intensity is crucial, but it's equally important to remember that we can't - and shouldn't - be in 'focused' mode all the time.


Buffer Activities Days


Buffer Activities days are designed for tasks that support the primary work but aren't necessarily the core tasks themselves. For an internal auditor, these could include planning and preparing for audits, attending meetings, training sessions, or even staying abreast of industry trends and news.


These activities, while not directly tied to the main job, are essential for maintaining the smooth functioning of operations and staying updated with necessary information. They serve as a 'buffer', providing the mind some respite from intense focused work while still remaining fruitful.


Free Days


Finally, we have Free days. These are the days dedicated entirely to rest and rejuvenation. They allow the brain to reset, fostering mental health, and ensuring you're geared up to tackle the next set of tasks with renewed vigor and focus.


Free days go beyond just taking a break from work; they're about indulging in activities that bring joy and relaxation. Whether it's immersing yourself in a book, chasing a hobby, spending quality time with loved ones, or simply basking in the art of doing nothing at all!


Further Exploration


For those who are intrigued by this concept and wish to delve deeper, I recommend "The Power of Full Engagement" by Jim Loehr and Tony Schwartz. The book brilliantly explores the notion of managing energy, not time, as the secret to high performance and personal renewal.


Another insightful read is "Essentialism: The Disciplined Pursuit of Less" by Greg McKeown, which delves into the concept of accomplishing more by doing less, focusing on the genuinely important tasks and eliminating the rest.


As an internal auditor, your role demands hard work, dedication, and a significant amount of effort. But remember, working smart is just as crucial as working hard. By partitioning your workdays into Focused, Buffer Activities, and Free days, you can ensure a balanced, sustainable approach to your work, leading to greater productivity, job satisfaction, and overall well-being.


Lastly, to aid in your journey as an internal auditor, I highly recommend attending the auditor training events offered by Compliance Seminars. These events provide valuable insights and skills that can greatly enhance your auditing capabilities. Check out their offerings here.

 
 
 

Comments


Contact Us

Please white list the email address johnb@cseminars.com to allow for CCS emails to reach you effectively.

Thanks for submitting!

Corporate Compliance Seminars is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

In accordance with the standards of the National Registry of CPE Sponsors, CPE credits are granted based on a 50-minute hour.

National Registry of CPE Sponsors ID #108983

Complaints may also be forwarded to the company principals, David S. Marshall (708-205-2366davem@cseminars.com) and/ or John Blackshire (479-200-4373johnb@cseminars.com)

 

At CCS, we are deeply dedicated to delivering NASBA-sponsored Continuing Professional Education (CPE) training events focusing on vital subjects such as risk management, audit & assurance, internal controls, internal audit, cybersecurity, and compliance. Our educational content is meticulously crafted to be accessible through live webinars and in-person CPE events, custom-tailored to meet the CPE requirements of certifications including CIA, CPA, CISA, CFE, and other professional certifications.

We take immense pride in our pivotal role over the past twenty years of empowering participants to expand their audit expertise and develop a deep understanding of best-practice frameworks and standards established by eminent organizations such as IIA, AICPA, COSO Framework, PCAOB Auditing Standards, NAIC Model Laws, GAO Green Book, GAO Yellow Book, NIST, ISO, CMMC, ACFE, SEC, and IAASB.

Our comprehensive CPE training events provide invaluable insights across a diverse spectrum of topics, encompassing internal auditing, external audits, planning and execution of audits using the PCAOB Auditing Standards, formulation and implementation of effective internal audits, risk identification and evaluation, adherence to accounting and auditing standards, proficient management of business endeavors and projects, ITGCs and application controls, vigilant oversight of vendor and third-party risks, robust cybersecurity initiatives, and the reporting of audit, risk management, and internal control training courses.

Furthermore, we offer our professional attendees the opportunity to engage with our webinar CPE events virtually, featuring live instructors, or to participate in-person at select cities or a location of their choice.

We consider our target audience to include chief audit executives, audit partners in CPA firms, chief compliance officers, audit managers, audit supervisors, external auditors, internal auditors, internal control professionals, quality control professionals, compliance professionals, board members, and other professionals who prioritize continuous improvement and organizational sustainability.

Our CPE events are all based on the professional standards provided by the IIA, AICPA, PCAOB Auditing Standards, SEC, ISACA, ACFE, NAIC regulations, NIST, ISO, CMMC, COSO Framework, GAO Yellow Book, GAO Green Book, U.S. GAAP, IFRS, and IAASB.

The CCS training staff has a broad range of experience in internal auditing, Big 4 auditing, software development and implementation, Big 4 consulting, governmental accounting and auditing, regulatory compliance and professional training.

Our flexibility in delivering content allows us to cater to the diverse needs of our professional audit function, internal control professional and information technology participants, ensuring a truly enriching learning experience for all.

Explore our CPE event offerings and sign up for your first CPE training event today!

bottom of page