Read Richard Chambers' Latest Blog
When Auditing Compliance, Look to Health Care
In his blog, IIA President and CEO Richard Chambers, CIA, QIAL, CGAP, CCSA, CRMA, shares his personal reflections and insights on the internal audit profession. Here's an excerpt from his latest post:
With few exceptions, organizations in every sector and industry face compliance risks, and those risks grow every year. This is reflected in statistics that show compliance audits account for an increasing percentage of internal audit plans.
In health care, compliance with laws and regulations is critical. Not only do compliance breaches subject health-care providers to potential fines and penalties, they are often literally a matter of life or death. I think everyone could learn something from the way cultures of compliance are built within that highly regulated industry.
Read the full InternalAuditor.org blog post from IIA President and CEO Richard Chambers.