Risk and Reward: Tempering the Pursuit of Profit

Posted on Aug 26, 2011

If you haven’t seen it, this ACCA paper from last year has some excellent content, observations, and advice on the balancing of risk and reward, the role of business ethics, and more.

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An Eminent Governance Authority Speaks Out on the Role of Internal Audit

Posted on Aug 22, 2011

Those of us who attended the IIA International Conference in Kuala Lumpur were treated to an energizing – and very challenging — opening keynote from Lord Smith of Kelvin. Who is he and why did he merit the opening keynote? Why should we listen to what he has to say?

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Protiviti Suggests Refocusing the Internal Audit Agenda

Posted on Aug 18, 2011

In their latest issue of The Bulletin, Protiviti summarizes recent developments in the business environment and suggests internal audit teams should capitalize on changing expectations.

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What Boards Worry About -- A Survey From Eisner Amper

Posted on Aug 15, 2011

Concerns about risks confronting boards is an interesting survey from the law firm of Eisner Amper LLC. They obtained responses from 142 directors, of whom 31% served on the audit committee.

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What Is Leadership?

Posted on Aug 11, 2011

I was going through some old emails and I came across this (courtesy of my friend, Patrice Impey).

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The State of Compliance and the Role of Internal Audit

Posted on Aug 8, 2011

PwC has published a paper on the state of compliance that I recommend for internal auditors and others interested in compliance programs. There is also a Compliance Week article on the paper.

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Bribery Risk and Controls. Enforcement Actions Show What Needs to Be in Place

Posted on Aug 1, 2011

July 2011 enforcement actions by the UK Financial Services Authority (FSA) and the Serious Fraud Office (SFO) against two companies identify critical components that you must have in place as part of your anti-bribery processes. While they apply to UK and global companies under the jurisdiction of the UK Bribery Act, I think companies in every jurisdiction should ask whether they would pass the test.

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