Read Richard Chambers' Latest Blog
The Dangers to Internal Audit of Donning a "Black Hat"
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:
As if we don’t have a tough enough time clarifying to stakeholders what exactly we bring to the table, I am seeing an increasing number of instances in which internal auditors are being asked to assume responsibilities related to corporate investigations.
In 2012, 71 percent of North American CAEs surveyed indicated that internal audit conducted confidential investigations on behalf of the audit committee alone. Even more internal audit departments conduct investigations on behalf of executive management. In some cases, internal auditors are called upon by the general counsel or CEO to assist with specific investigations, such as investigating allegations of fraud or other misconduct by a member of management or staff. In other instances, the internal audit department has been assigned permanent responsibility for leading such investigations.
Read the full Internal Auditor Online blog post from IIA President and CEO Richard Chambers.