October 28, 2024
In her iconic book, Extraordinary Circumstances, former WorldCom chief audit executive (CAE) Cynthia Cooper recounts her challenge of bringing to the audit committee’s attention more than […]
August 27, 2024
I was recently contacted by a newly appointed audit committee member who was assuming the role for the first time. He wanted to pick my brain […]
January 8, 2024
I recently received a note from a LinkedIn connection informing me that he had been terminated as the chief audit executive (CAE) for his company. He […]
March 2, 2023
Relationships between audit committees and chief audit executives (CAEs) have become increasingly more complex as the risks facing organizations have become more diverse and dynamic. Indeed, […]
January 16, 2023
Over the years, I have spoken to countless board members about their roles and expectations for internal auditors. Most are complimentary of the internal auditors in […]
November 7, 2022
An Open Letter to Audit Committee members To: Members of the audit committeeFrom: Richard ChambersRe: Reassessing your role when it comes to internal audit Congratulations on […]
October 17, 2022
Things Audit Committees Don’t want to Hear From Internal Audit Over the summer, I authored a blog for AuditBoard on the 20th anniversary of the WorldCom […]
May 9, 2022
Independence and objectivity are hallmarks of great internal audit functions and the professional men and women who lead them. Against this backdrop, the prevailing model for […]
April 18, 2022
No relationship for a chief audit executive (CAE) has been transformed more over the past 20 years than that with the audit committee. According to The IIA’s […]
April 11, 2021
For more than a decade, cyber-related risks have been at or near the top of all risks faced by organizations around the world. Too often, cybersecurity […]