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Global Institute of Internal AuditorsBreadcrumb SeparatorNewsBreadcrumb SeparatorBlog: Groundbreaking IIA Report Could Reshape Views on Risk Management

Read Richard Chambers' Latest Blog
​Groundbreaking IIA Report Could Reshape Views on Risk Management

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:

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 increasingly aggressive regulations are bearing down on corporate leaders like never before, and the dynamics of macroeconomics and geopolitics only add to their complex challenges.

The seemingly overwhelming task of operating a modern corporation can be greatly eased, however, by competent and creative executive management, strategic risk management, and independent assurance from internal audit. Yet, this tried-and-true formula for successful corporate governance often fails when the key players aren't aligned or, worse yet, have conflicting agendas.

Therefore, it is vital for organizations of all sizes and in all industries to have boards, executive management, and internal audit leaders who are aligned and harmonious in their approach to leveraging and managing risk.

Read the full InternalAuditor.org blog post from IIA President and CEO Richard Chambers.