The Association of Certified Fraud Examiners has released their biannual report (PDF), analyzing reported frauds in nearly 100 countries. I highly recommend that all involved in combatting fraud read and consider this report. The ACFE does a good job of analysis and provides a clear discussion of its results. 

I have been asked to provide an example of the type of formal report I would provide the audit committee, sharing my overall assessment of the adequacy of governance, risk management, and related internal control processes.

Last week, the Corporate Governance Council in Singapore released Risk Governance Guidance for Listed Boards. This is an exceptional product of value to boards of all organizations, their executives and risk practitioners. 

Next week, I will be sharing my experience with risk management frameworks and standards at the ISO 31000 conference in Paris. The session title is “From COSO to ISO” although my personal journey actually started before either. 

Four individuals with a strong pedigree in risk management have collaborated on The Future Role of Internal Audit in (Enterprise) Risk Management. 

When you drive, and assuming you are a prudent driver, you slow down when the visibility on the road ahead gets worse — because you don’t want to drive faster than you can see. But when the visibility improves and you can see the road ahead with clarity, you will speed up.