Read Richard Chambers' Latest Blog
Internal Auditors Must Stand Tall — But Know When to Walk
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:
Global headlines recently noted that the chief audit executive (CAE) of a major publicly traded company had resigned amid questions about the company's CEO improperly executing a stock-linked compensation plan. There was a lot of speculation about the connection between these events, including whether the CAE quit on principle in the face of corporate pressure. I don't know if that's true, but the speculation alone stimulates conversation once again about how CAEs should respond in a toxic or tone-deaf culture.
I have tackled this topic several times in this blog, including a 2014 entry on the challenges for CAEs working in an environment where tone at the top is troubled. As internal auditors, we understand more than most the impact of a strong tone at the top. It affects an organization's culture and often the organization itself — for better or worse. A strong and also positive tone sets a clear direction — operationally, ethically, and morally — and enables us to do our jobs and effectively serve our stakeholders.
Read the full InternalAuditor.org blog post from IIA President and CEO Richard Chambers.