Five Key Headlines From 2013 That Will Shape the Future of Internal Auditing
This post was recently shared on Mr. Chambers’ blog, On the Profession. As the year draws to a close, I find myself engaged in the familiar practice of looking back on the year and reflecting upon the...
View ArticleDo You Know What Your Third Parties Are Up To?
This post was recently shared on Mr. Chambers’ blog, On the Profession. Internal auditors are right to be concerned about third-party risks. The days of a company’s suppliers or partners being...
View ArticleFive Things the Audit Committee Won’t Tell Internal Audit
This post was recently shared on Mr. Chambers’ blog, On the Profession. Most audit executives work hard to develop open relationships with their audit committee members. The effort generally pays off....
View Article5 Risks That Should Be On the Internal Audit Radar – Now!
Generally speaking, I think internal auditors do a good job of assessing risks and developing risk-based audit plans. But there is always a danger that unfamiliar risks may be overlooked or that...
View ArticleWhose Risk Is It, Anyway? When Management Says ‘No’ to Internal Audit
One of the most frustrating events in my career was one of the first times an internal audit client firmly and repeatedly said “no” to one of my recommendations. It was an important point and I tried...
View ArticleAuditing at the Speed of Risk!
This article was reprinted with the permission of The Institute of Internal Auditors. Well into the 21st century, businesses worldwide are focusing more and more on managing risks, be they internal or...
View ArticleNo Internal Audit Function? Investors Beware!
This article was reprinted with the permission of The Institute of Internal Auditors. To read other blog posts from Richard Chambers, visit http://www.chambersontheprofession.org. According to a...
View ArticleWhen Culture Is the Culprit: Lessons from Toshiba, Hertz and FIFA
In the past few weeks, I have written about governance failings that came to light at three disparate organizations — Toshiba, Hertz and FIFA. These cases, in my view, have two notable things in...
View ArticlePublicly Traded Companies without Internal Audit May Soon be a Thing of the Past
In a blog earlier this year, I sounded an alarm about the dangers of investing in companies with no internal audit functions. Ultimately, the goal was to raise awareness of the risks that accompany the...
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