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Is your Internal Audit Report dead or Live?

I served as Secretary to the Council at the Institute of Corporate Governance of Uganda and had the privilege of working there.

I served as Secretary to Council at the Institute of Corporate Governance of Uganda and had the privilege of working closely with exceptional leaders on the Institute Council. One of the greatest opportunities the role gave me was access, real access, to boardrooms, directors, and live governance in action.

Not theory, not policy. But how decisions are made, and how power works behind the glass walls. Years later, while supporting the Corporate Governance Awards, I saw something that shook me: The quality of Internal Audit reports.

Too many words. Too little insight. Pages of jargon. No pulse. No foresight. They resembled paperwork for documentation, rather than leadership tools.

And I asked myself: How can an audit report that doesn’t influence behavior, risk-taking, or decision-making still be called an audit report? Let’s change that.

Today. In this post, I share the new guide of Internal Audit reporting, used by the top auditors who don’t just tick boxes, they shape boardroom strategy. These are not ordinary reports.

They expose decision rot, surface cultural drift, and predict reputational collapse before it happens. They are short, sharp, and uncomfortable. And necessary, the old audit report is dead. Below, I share what to send instead.

If you want to set yourself apart, join my private mentorship, where I share the secrets of top-performing audit departments. First, I understand your company’s context, EXCO and board expectations, etc, and empower you to craft powerful reports that transform leadership and make every director remember your name. Are you ready to become exceptional? Comment below to receive the complete table.

I remain, Mr. Strategy’s close with exceptional leaders on the Institute Council. One of the greatest opportunities the role gave me was access, real access, to boardrooms, directors, and live governance in action.

Not theory, not policy, but how decisions are made, and how power works behind the glass walls. Years later, while supporting the Corporate Governance Awards, I saw something that shook me: The quality of Internal Audit reports.

Too many words, too little insight, pages of jargon, no pulse, and no foresight. They resembled paperwork for documentation, rather than leadership tools.

And I asked myself: How can an audit report that doesn’t influence behaviour, risk-taking, or decision-making still be called an audit report? Let’s change that today.

In this post, I share the new guide of Internal Audit reporting, used by the top auditors who don’t just tick boxes, they shape boardroom strategy. These are not ordinary reports.

They expose decision rot, surface cultural drift, and predict reputational collapse before it happens. They are short, sharp, uncomfortable, and necessary; the old audit report is dead. Below, I share what to send instead.

If you want to set yourself apart, join my private mentorship, where I share the secrets of top-performing audit departments.

First, I understand your company’s context, EXCO and board expectations, etc, and empower you to craft powerful reports that transform leadership and make every director remember your name. Are you ready to become exceptional? Comment below to receive the complete table.

I remain, Mr. Strategy.

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About Mustapha Mugisa

Mustapha B. Mugisa is one of those rare individuals who delivers unparalleled value-based consulting to professionals and corporate entities that demand excellence. As an alumnus of EY and the current President of the Association of Certified Fraud Examiners (ACFE) Uganda Chapter, Mustapha brings a wealth of experience and expertise to every engagement.

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