Brigham Young University student David A. Wood has been selected by the Institute of Internal Auditors Research Foundation as the recipient of the 2004 Esther R. Sawyer Scholarship Award.
Wood was presented with a plaque and $5,000 during the recent 2004 International Conference in Sydney, Australia, for his research and paper that examines how internal auditors can add value by coordinating with external auditors.
His paper outlines seven steps internal auditors can take to coordinate efforts and develop trust. He indicated "a coordinated audit approach will improve stakeholders' trust in the organization and decrease costs, thus adding long-term value to an organization."
Wood is pursuing a master of accountancy degree at the Marriott School where he is currently ranked in the top five percent of the graduate program. He plans to graduate in April 2005 and pursue a Ph.D.
The Esther R. Sawyer Scholarship Award is presented to an individual entering or enrolled in an internal auditing or business graduate program at a school endorsed by the IIA. Applicants submit a written manuscript on a specified topic related to modern internal auditing. The award was founded in 2000 in memory of Esther R. Sawyer and her contribution to and support of the internal audit profession.
Writer: Cari Thomas