Supply chain warning; Japan improves corporate governance; FRC drops proposals; BP penalises Looney; US investors resist high pay.
In all, the auditing giant has now been fined £30m for its failures at Carillion, reduced to £21.5m for co-operation.
Resilience will be required to face a ‘poly-crisis’ of immediate and simultaneous risk issues, internal auditors believe.
How leaders can worsen a crisis; NED apprenticeships; audit reform on the back burner; US accountancy shortage; supply chain on the board?
Leveraging internal audit can help boards not only to identify and assess risks but to highlight opportunities in volatile times.
The detail of the new regulations has been fleshed out—and could catch many more companies than expected.
Geopolitical risk is here to stay, but businesses may not be ready for the next major incident, says report from IIA and Airmic.
Chartered Institute of Internal Auditors’ report cites a lack of skills, resources and time as organisational barriers to effective analysis.
Shared audit’s £1bn cost; failed UK energy firms had no internal audit; governance rules for all; is climate risk reporting an SEC matter?
There is an “urgent need” for reform to the audit landscape as well as internal audit, the Chartered IIA argues.