The Conference Board of Canada has brought several risk management experts together, and they contribute articles on a variety of important topics, in the first issue of Risk Watch: Thought Leadership in Risk and Governance. You can access it here.

One internal auditing topic that has been of great interest to me over the years is that of continuous auditing. I believe that the technique offers a great opportunity for internal auditing to move to the next level of service and value to its stakeholders – providing them with the assurance they need, when they need it.

2010 saw a nice increase in the number of page views and visitors to my personal blog on Governance, Risk Management, and Internal Audit. In all, there were just over 33,000 views. (By comparison, my Internal Auditor Online blog had 74,500 views.)

The IIA Standards require internal auditors to assess the effectiveness of their organization’s governance processes. It’s an understatement to say this is a challenge

In December, SpencerStuart (an executive search firm that has publishes excellent governance-related studies) released a special issue of Point of View. It focuses on "today's board agenda" and has several articles worth reading. One is on board oversight of risk management (it starts on page 33).

Michael Rasmussen, perhaps the most respected and influential individual when it comes to GRC, has written an interesting blog: GRC 2011: Gripes and Directions.

COSO has released two new risk management thought leadership papers (see the press release). The first provides practical guidance on establishing a de novo risk management function. The second discusses key risk indicators (KRI).

This is so true — and highly relevant for all executives and managers, including those in internal audit and risk management.

Deloitte has released the results of an interesting review of proxy disclosures relating to risk management. Their report is called Risk Intelligent proxy disclosures: Transparency into board-level oversight.

Dan Swanson recently posed the question, "Where should IA focus its efforts over the next 1-2 years?" This was my reply.