Dr. Rainer Lenz is more than a CAE and long-time practitioner. He also teaches corporate governance and auditing, and has been an independent board member and a finance executive.
Rainer was recognized by Richard Chambers as one of the top ten internal audit thought influencers.
He has been talking about the value of internal auditing for years. In January 2016 he wrote Effective audit: inspiring change. As he eloquently points out, many internal auditors need to change their own attitudes towards the role of internal audit if they are to be effective in persuading management to change.
In 2020, he was one of the authors of Defining, Measuring, and Communicating the Value of Internal Audit. Rainer and I have discussed this and other topics over the years, including my view that the only way to measure internal audit value is through the eyes (and opinions) of our customers in management and on the board. Are we helping them in a significant way lead and direct the organization for success? Are we providing the assurance, advice, and insight on issues that matter to them in a way that helps them and the enterprise achieve their goals and objectives?
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More recently, he has been talking about the idea of the future role of internal audit as the “Gardener of Governance”. He presented on this at a conference…
