Friday, August 26, 2011

A Walk to the Pub... An Internal Auditor's Commitment to find a Cure

The following article was written and contributed by a dear friend and Internal Audit Colleague. As he is nearing a milestone birthday, he is making a personal commitment to help those who suffer from ovarian cancer. Here is his story, please help him if you can:


September 2nd will be my forty-tenth birthday, so I've decided to take a walk to the pub for a pint of beer. Let me tell you why.....


Amanda heard the silent killer but didn't understand what it was saying. Trouble was, nor did some of her doctors.

My wife learnt that she had ovarian cancer in the spring of 2002. Abdominal pains; swollen stomach; unexplained infertility; this was what Amanda had heard from her body. "Gluten intolerence...irritable bowel syndrome...take these drugs" was what she heard in response from the medical community, until an investigative operation revealed the killer. But "silent"?

After a recurrence of the disease in 2004, an appearance on BBC TV's Breakfast Time show - bloated and bald from the effects of chemotherapy - to raise awareness of ovarian cancer, three major operations, twelve cycles of chemotherapy and countless hospital visits, appointments with specialists, scans, tests and other general disruptions to a normal way of life, Amanda's consultant declared her "cured" last summer, eight years after she was first diagnosed.

Her cure wasn't just about conventional medicine though. Complementary therapies, nutritional and dietary change, and a lifestyle re-evaluation all played a role in her recovery alongside the clinical care overseen by her enlightened oncologist. (Thank you, Dr. Harper!)

Amanda was lucky to be diagnosed early. The UK has one of the worst ovarian cancer survival rates in the developed world.

So I've decided to raise money for Ovarian Cancer Action (and celebrate my 50th birthday!) by going for a pint of beer.....in Britain's most remote pub!

The Old Forge at Inverie on the Knoydart peninsula is accessible by boat from Mallaig, at the end of the road and railway line west from Fort William. But I’m not going by boat. On September 1st, my last-ever day as a forty-something, I will set out alone on foot from Glenfinnan to trek across 28 miles of some of the wildest and most remote terrain in the Western Highlands of Scotland. By the end of the day I aim to reach a remote bothy (a basic stone shelter), 12 miles to the north, where I shall spend the night. The following morning, as a 50-year old(!), I will head west to cover the remaining 16 miles to Inverie where I shall enjoy my birthday pint (or pints!) of beer in The Old Forge. And then collapse in the Bunkhouse!!!

Don't expect a running commentary from me en route though. There's no mobile phone coverage where I'm going. As one account of the route puts it: "If you break a leg, you crawl to a stream (for water), wrap up warm, and wait."

I'm doing this because of Amanda, not for her. I want to help Ovarian Cancer Action fund critical research and raise awareness that the "silent" killer can be heard. I'm doing this for your wife, mother, sister, daughter, grand-daughter.....so that hopefully they can choose to go on journeys that will have happy endings (like a pint of beer!), rather than be forced by the silent killer onto a journey that more often than not, won't.

I'm looking forward to my pint of beer in The Old Forge. And it's your round. Please spare the price of a pint (or several!) for Ovarian Cancer Action.

Thanks for taking the time to visit my JustGiving page.

Donating through JustGiving is simple, fast and totally secure. Your details are safe with JustGiving - they'll never sell them on or send unwanted emails. Once you donate, they'll send your money directly to the charity and make sure Gift Aid is reclaimed on every eligible donation by a UK taxpayer. (Non-UK taxpayers can also donate with JustGiving.) So it's the most efficient way to donate - I raise more, whilst saving time and cutting costs for the charity.

So please dig deep and donate now.




This blog post was written by Peter Seyderhelm. Peter is an Internal Audit, Risk, Compliance and Corporate Governance professional in London, UK. If you would to contact Peter, you may reach him through this blog or his LinkedIn Profile.

Friday, August 19, 2011

In Business We Must "Jiggle the Gate" - Lessons From the Air and Water Show and the Home


Today, as the jets are flying over Chicago (and my office – how cool is that?) practicing their maneuvers for the annual Chicago Air and Water Show this weekend, I am reminded of two things:

1 – The importance of effective internal control systems

2 – The importance of monitoring those internal control systems


It doesn’t take an aerospace engineer to understand that while flying in tight formation a pilot must be constantly aware of his position relative to the other aircraft in the formation. One false move by any of the pilots would spell disaster for everyone. Fortunately they have computer systems in the cockpit that continuously calculate time, space, distance (i.e. internal control system) and a built in warning system alerting them when things are going wrong (i.e. monitoring). However, it is up to the pilot to react to these indicators to avoid disaster. It is pretty amazing to me that all of this works, considering they are flying at speeds over 500 mph and at a distance of 18 inches apart from each other. Heck, I find it difficult jogging next to someone who is only 18 inches away from me – I can almost guarantee we’d bump into each other – but not these pilots. Amazing!

Well, effective internal controls systems and monitoring the internal control systems is important in other places too. Parents of toddlers know all about internal control systems (gates around staircases, plastic covers over door knobs, protective covers over electric outlets…) and monitoring systems (you can’t leave a toddler alone, right? and when you do there is technology for to help - it is called a baby “monitor” after all!). How about pet owners? Do you think they know a little about internal control systems and monitoring? Absolutely.

My business is helping organizations evaluate their systems of internal controls and also the effectiveness of the internal control monitoring. It is as important in a corporation as it is in an airplane and as it is in the home. Can you think of an example of when there have been breakdowns in either the internal controls or the monitoring of those controls in business? You probably don’t have to think too hard. It has happened all too often and unfortunately it continues today. Sometimes it is a fundamental breakdown in internal control, sometimes it is someone circumventing internal control, and other times it is a failure to monitor the control. When done purposely or with malicious intent it is usually for a perceived short term gain (meeting quarterly earnings, making a bonus) at the expense of the long term.

The examples in the corporate world have been discussed and evaluated over and over and over. It cost many their jobs and many more their life savings. But business is not alone in this. If you happen to be a college sports fan, the recent examples of Ohio State (my alma mater) and this week the University of Miami (FL) are shining examples of failure to monitor internal controls systems, ignoring warning indicators, and/or circumventing internal controls systems… all for short term gain at the expense of long term success.

Why have internal controls and effective monitoring systems? Well, besides all the obvious reasons, it is simply the right thing to do. It is important to protect our pilots, protect our children, protect our pets, protect our investments, protect our reputations, and protect our chances at long-term success. However, it is not enough to simply design and implement a good system of internal control. You have to TEST it! Imagine installing a baby gate at the top of a staircase. When finished installing the natural instinct is to jiggle it to make sure it is stable, right? Who would install a baby gate and not test it? And, for good measure you would test it regularly. You could do a great job in creating the control (installing the gate), a great job in monitoring the control (checking regularly to make sure it is still there), but if you don’t test it (jiggle the gate) you could fail as a parent with catastrophic consequences.

When enacted in 2002, the Sarbanes-Oxley Act created the requirement for publicly traded companies to design, monitor, and test systems of internal controls. However, most private companies and private institutions are not held to such standards. While “it is the right thing to do” many private companies ignore the need for internal controls and many more fail to test. If you are reading this and work for a private organization (heck, any organization) think about how often your organization “jiggles the gate” when it comes to the financial reporting processes, information technology, security, privacy, policy and procedures, and operations. If you really think about it, you might not like the answer. A small investment each year to design controls, monitor controls, and “jiggle the gate” will go a long way to protect your opportunity for long-term success.

Effective systems of internal controls are critical to all of us in every walk of life. It is important in the cockpit, at home, in the classroom, and yes, in the workplace. So, do yourself a favor and go “jiggle the gate!”

For those of you in Chicago, I hope you enjoy the Air and Water Show this weekend!



This blog post was written by Steven Randall. Steve is a Managing Partner with Vonya Global, a premier provider of internal audit consulting services. If you would like more information about Vonya Global or if you have a questions for Steve, you may him through this blog, the company website, twitter, or his LinkedIn Profile.