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:
Whenever the topic of relationships with the general
counsel is raised during an internal audit roundtable I attend, there is no
shortage of opinions. Too often, CAEs express frustration with general counsels
who they believe are more concerned about reputational and legal risks than
affording internal audit the opportunity to fully articulate the results of
To be sure, reputational and legal risks are important.
However, general counsels too often would prefer to eliminate these risks
altogether in internal audit reports — in effect, silencing internal audit from
sharing critical information with the board or audit committee.
Read the full InternalAuditor.org blog post from IIA President and
CEO Richard Chambers.