Christopher Telano, chief internal auditor at the New York City Health and Hospitals Corp.
Internal auditor, credit-collections specialist and operations analyst are other finance roles that many employers place a premium on, adds Mr. Zion.
DryShips has been operating with two employees (Economou, 54, and his internal auditor) since his chief financial officer quit in May, the second to split in three years.
Take its recent conduct in the case of Paul van Buitenen, an internal auditor who leaked documents to the European Parliament late last year showing mismanagement and petty corruption among some commissioners and their staff.
Another reason is that the politicians have had most of the hard work done for them by Paul van Buitenen, an internal auditor with the commission who turned whistle-blower and handed out a fat dossier of embarrassing allegations last month.
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However, an internal council auditor who monitored the use of cars in the Wrexham cemetery noticed serious problems.
Nor do journalists get access in the normal course of events to a company's internal books, as an auditor would.
Last week the FDIC filed suit against Colonial Bank auditor PwC, and internal audit co-source vendor Crowe Horwath, for professional malpractice and breach of contract.
FORBES: A Tale of Two Lawsuits -- PricewaterhouseCoopers and Colonial Bank
Wondering what JP Morgan Chase and Jamie Dimon really think of internal audit and the role of Chief Auditor (of Corporate only)?
FORBES: JP Morgan Chase Named A New Chief Auditor (For Corporate!); Can You Name Him?
Many companies already find it difficult to switch auditors because they use one or two rival Big Four firms, in addition to their auditor, for other work, such as valuation or advice on internal controls.
There was also no requirement for the auditor to give its opinion on whether the bank had fully corrected the material weakness in internal controls related to the valuation process until 2012 year-end.
FORBES: No Accounting For Auditor PwC At Levin's Whale Hearing
And the report discloses that Shell's reserves auditor, though often even more bullish than local managers, gave a warning about the reserves in three internal reports without eliciting a response from other executives.
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