Read Richard Chambers' Latest Blog
If Strategy Is Culture's Breakfast, Then Governance, Risk, and Controls Are Its Appetizers
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:
The focus on culture and its impact on the organization is increasingly on the radars of regulators and investors. A series of spectacular scandals involving well-known brands in the past 18 months is sparking closer examination of not just the mechanics of the breakdowns, but the atmosphere in which they occurred.
In previous blogs, I shared my observations on how breakdowns of good governance contributed to these scandals, including at FIFA, Toshiba, and Volkswagen. It's time to take a look at organizational culture's impact on what should be internal auditing's primary focus — governance, risk, and control (GRC).
Read the full InternalAuditor.org blog post from IIA President and CEO Richard Chambers.