For internal auditors, managers, and leaders who want to grow. Get practical insights, templates, and real audit stories that help you build stronger audit teams and deliver real value.
💥3 quick checks not dealing with 🧟 Co.
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Which of your partners is your biggest risk today Reader? Thanks Reader for spending 120 seconds of your Sunday with us. The number of zombie companies in the Russell 3000 has reached the highest level in almost four years. In practice, this means one thing: Bloomberg shows a clear trend. Despite a strong market, the number of financially distressed firms is rising and is approaching the levels last seen in 2020–2021. With high interest rates, many companies that were “surviving” until now are hitting the limits of their liquidity. To make this simple, here are 3 quick checks Reader and you can do in the next week.1. Review your TOP 10 customers and suppliers. Check for changes in payment behavior or delays. 2. Review all advance payments you have provided. 3. Do a quick external screening. PS: Download 3 real case studies of companies that later became commercially problematic partners. In every case, the warning signs were visible early — weak liquidity, inconsistent financial behavior, or unreliable discipline in key processes. If you want your team to work more systematically with supplier-chain risks, we can also prepare a short, practical workshop tailored to your industry — focused on real audit cases, not theory. Yours ✌🏻Audit Heads Oldo & Pavol Pavol Ondrejíčka & Oldřich Kovář auditOK, 44 Years of Lessons. Turned into One Audit Method.
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auditOK ™
For internal auditors, managers, and leaders who want to grow. Get practical insights, templates, and real audit stories that help you build stronger audit teams and deliver real value.
I sat in a meeting with a former colleague.He wants to build an internal audit function. And it reminded me of something important, Reader — something I promised Marian I would put into words. When I once joined a company, I was already the fifth Head of Internal Audit.Before me, they had tried everything.Big Four partners from the UK, Germany, and Poland.Big names. Big presentations. Big manuals. And still, it didn’t work. Then a 27-year-old guy walked in.Me.No name.No brand.Just one...
Reader, for many people, the New Year means a new story. It sounds nice. But beginnings are not nice.They are hard. They take energy. They require discipline and focus. If today you are stepping into the role of Head of Internal Audit or Audit Manager, let me say it directly: Now it will show whether you have what it takes. The first 3 to 6 months will decide everything.In this period you will either deliver a result, or the company will label you as average. And average today does not mean...
Ahoj Reader We’re working on our plans and goals for 2026. And this is the one idea that matters to me the most when it comes to improving audit quality. No theory. No slogans. Just something that hit me hard and changed how I look at my work and my team. So I wanted to share it with you — as I was sitting, thinking, and looking ahead to what’s next. I gave up. Not on audit. Not on the profession. Power idea: I gave up the illusion that I can handle everything alone. For a long time I...