corporate governance

May 8, 2023

Did Banking Regulators Just Throw Internal Audit Under the Bus?

When Silicon Valley Bank (SVB) closed its doors in early March, I joined many in wondering what kind of risk and control environment the bank had. […]
April 18, 2023

Walking a Tightrope When Internal Audit Stakeholder Expectations Don’t Align

One of the features that makes internal auditing so valuable to modern enterprises is that we serve multiple stakeholders, including the board, various levels of management, […]
March 2, 2023

6 Things Audit Committee Members Often Won’t Say to Internal Audit

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

Are Internal Auditors to Blame When Boards Are in the Dark?

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 […]
April 11, 2021

Six Questions Boards (and Internal Audit) Should Ask About Cybersecurity

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 […]
November 1, 2020

New IIA Report Yields Valuable Clues on Risks for 2021

All crises eventually provoke some level of introspection, whether personal, organizational, or societal. Certainly, COVID-19 has borne this out. Much has been written about the pandemic’s […]
October 25, 2020

​When Audit Committees Want to “Hear No Evil” From Internal Audit

I have long been fascinated by the dynamics between internal audit and the audit committees to whom it reports. Let me say right up front that […]
August 17, 2020

For Internal Audit, Success Boils Down to Five A’s

Almost every week for the past 11 years, I have posted blogs about various aspects of internal auditing. I have covered hundreds of topics and examined […]
July 20, 2020

​New IIA Three Lines Model Offers Timely Evolution of a Trusted Tool

Today, The IIA unveils an important update to one of the best known and trusted risk management tools. The new IIA Three Lines Model, a fresh look […]
July 13, 2020

COVID-19 Demands Audit Committee Effectiveness: 6 Recommendations

The challenges to business and society created by the biggest health crisis in a century have been manifold. Each day brings a new twist in how […]