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:
I have been spending a great deal of time lately focusing on corporate culture. The number of high-profile corporate scandals in the past year made very clear for me just how much a toxic culture can undermine good governance, and ultimately destroy shareholder value. This makes it imperative for our profession to "follow the risks" and address culture when carrying out our responsibilities.
I believe many of my colleagues agree that the time has come to assess culture, based on the positive response to my keynote address, When Culture is the Culprit, delivered at last week's IIA GAM conference. This is especially gratifying considering that auditing culture will place a burden on most practitioners to operate outside of their comfort zones.
Read the full InternalAuditor.org blog post from IIA President and CEO Richard Chambers.