corporate governance

October 21, 2019

​When Boards Are Surprised, Who’s at Fault?

The number of shocking corporate scandals that have damaged major corporations reads like part of a top 10 list of news events from the past decade […]
October 15, 2019

​Groundbreaking IIA Report Could Reshape Views on Risk Management

Against a backdrop of numerous high-profile corporate scandals, boards of directors around the world are facing increasing pressure to perform. Activist investors, changes in technology, and […]
September 2, 2019

Why Social Accountability Must Be on Internal Audit’s Radar

Two significant developments in business took place at the end of August that could have profound and long-lasting impacts on how organizations operate. Internal auditors should […]
March 4, 2019

A Preview of the 2019 Pulse of Internal Audit Report

For nearly five years, I have been urging practitioners to “audit at the speed of risk.” I first used the phrase in a July 2014 blog […]
February 4, 2019

​Wells Fargo Further Empowers Internal Audit

I have often quoted Danish philosopher Soren Kierkegaard regarding what motivates change. He wrote, “All change is preceded by crisis.” American economist and Nobel laureate Milton […]
December 5, 2018

Will The IIA Redraw the Lines of Defense?

Good governance is part art, part science, and probably a bit of luck and magic. But the payoff when it is achieved is an organization that […]
November 26, 2018

When Executives Go Rogue — It’s Too Late to Point Fingers

Once again, excesses in the boardroom are putting a globally recognized organization in the white-hot glare of unwanted publicity. Nissan Motors board Chairman Carlos Ghosn was […]
May 23, 2016

Executive Compensation – The Third Rail for Internal Audit?

A third rail is a method of providing electric power to a railway train. The amount of electric voltage it carries is often lethal for any […]