March 2017 – New staff appointment
We are pleased to announce that Lorraine Lloyd joined the KCG team. Lorraine will primarily be based at our consortium members Bournemouth University and Southampton Solent University.
February 2017 -reflection on the value to be derived from data analytics
For many years data analytics have been a key component in the internal auditor’s tool-set, and they are now having a renaissance. At a recent BUFDG fraud conference my colleague Nick Avery presented on this very subject, explaining how these techniques provide valuable analyses and insights. My thoughts on how they might ‘add value’ but are only one part of the auditor’s armoury are contained in my article in the Winter edition of the LUPC’s ‘Linked’ magazine.
August 2016 – New Consortium member
KCG is pleased to announce that Bucks New University has joined the KCG Consortium with effect from 1 August 2016, and that the first year as the University’s internal auditors will be 2016/17. Bucks New University becomes the Consortium’s 16th member.
May 2016 – New staff appointment
KCG is pleased to announce the appointment of a new member of staff. Chris Culbert joins us from RSM as Audit Consultant. Chris will be based at Goldsmiths University of London.
April 2016 – New staff appointments
KCG is pleased to announce the appointment of two new members of staff.
Jeannine Marlow joined our team as Audit Consultant in March 2016. Jeannine will be based at Kingston University. David Jones joined KCG in April as Assistant Manager and will be based at the University of Bedfordshire.
February 2016 – ACCA Internal Audit article – ‘Internal audit in higher education needs to address what matters, not ‘safe’, low-risk subjects’
Internal audit can get bad press because it insists on covering areas of low risk (because it’s easy?) or fails to respond to the changing needs of its stakeholders (too wedded to delivering the audit plan regardless of changes in risk?). The higher education sector is under pressure due to funding and other pressures and it is incumbent on internal auditors in the sector to ensure professional, value added assurance and advice is provided during this period of institutional change.
February 2016 – BUFDG Audit Survey 2016 – 91% approval rating for Internal Audit Consortia
The most recent BUFDG survey of audit procurement and performance, covering financial year 2014/15, reported that the HE internal audit consortia are, by some distance, ahead of external providers of internal audit services in terms of an overall satisfaction rating.