Read Richard Chambers' Latest Blog
Corporate Transparency Should Shine a Light on Internal Auditing
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:
Data in a recently published report from our colleagues at the Center for Audit Quality (CAQ) reflect an encouraging trend. Publicly traded companies are sharing more information about how their audit committees interact with the companies' external auditors.
One of the more telling findings in the Audit Committee Transparency Barometer is the surprising growth in the number of companies willing to share details about how their audit committees evaluate the work external auditors do. The CAQ report finds the number of S&P 500 organizations reporting the evaluation criteria has grown from 8 percent in 2014 to 38 percent in 2017.
Read the full InternalAuditor.org blog post from IIA President and CEO Richard Chambers.