September 24, 2007

FortisAlberta: A small audit shop holds its own in a hot labor market

Nancy Hala, KnowledgeLeader contributing writer

FortisAlberta distributes electricity to more than 437,000 customers in the Canadian province of Alberta. Murray Wolfe, the director of internal audit (IA), operates an IA department consisting of four audit professionals. In this profile, Wolfe describes his approach to operating an effective, yet lean, IA organization, and the importance of choosing a software package the helps manage Sarbanes-Oxley type documentation while containing ERM and IA capabilities.