By Rick Benzel, KnowledgeLeader contributing writer
Today’s corporations and organizations confront the critical challenge of ensuring that internal auditors maintain knowledge and skills in the face of constant and rapid change. Auditors must explore new technologies, identify and help mitigate emerging risks, and develop solutions to complex business challenges in a global business environment. In part one of this article series, Larry Harrington, vice president of internal auditing, and Kathryn Bingham, a Six Sigma Master Expert and Raytheon Learning Champion, highlight the practices Raytheon Co. uses to develop an effective internal audit training and development program. The discussion concludes in part two with Harrington and Bingham describing how an external capabilities and needs assessment benefited the internal audit training program.