ABSTRACT
Rotation programs are a career development initiative used to rotate employees' assigned jobs around the organization. Employers practice this technique for many reasons. They are designed to promote flexibility of employees and to keep employees interested into staying with the organization employing them. There are different types of rotation programs involving internal audit. Some allow non-auditors to rotate in and spend time in the internal audit department, and then return to their regularly assigned, or another job, at the completion of their rotation. Rotation programs can become a training mechanism for future leaders, whose exposure and work in internal audit exposes them to the concepts, methodologies, and practices of risk management, corporate governance, compliance, and the administrative requirements for effective management. Rotation programs provide a mechanism to transfer knowledge into and out of internal audit. Business subject matter experts (SMEs) bring their skills into internal audit, while auditors take their governance, risk, and compliance skills into the business.
