Read Richard Chambers' Latest Blog
Whose Risk Is It, Anyway? When Management Says ‘No’ to Internal Audit
In his blog, IIA President and CEO Richard Chambers, CIA, CGAP, CCSA, CRMA, shares his personal reflections and insights on the internal audit profession. Here's an excerpt from his latest post:
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 to explain my reasoning. Management agreed with the finding, but believed corrective action would be too time consuming and resource intensive. My supervisor also supported me, and we believed the risks of not implementing corrective action would be very high for the enterprise. But neither of us could persuade management to implement the recommendation or even find an acceptable alternative course of action.
Read the full Internal Auditor Online blog post from IIA President and CEO Richard Chambers.