Role of Internal Audit: GRC Police or Driver?

May 14, 2013
Hosted by Bonnie D. Graham

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Episode Description

Today’s buzz: Internal Audit Truth time: Do your Board of Directors and Audit Committee understand the internal audit role and what your internal auditors really do? Is the Audit Committee weak or strong? If internal auditors are your heroes, are they unsung or celebrated? The experts speak. John Fraser, Hydro One Networks: “Part of what distinguishes high reliability organizations from other organizations is the extent to which they obsess about the question of what they ignore.” (Managing the Unexpected by Karl Weick and Kathleen Sutcliff, University of Michigan Business School) Renee Murphy, Forrester: “Trust is not a control, luck is not a strategy.” Norman Marks, SAP: “Internal audit has two roles: to inform the board and top management (does the organization have adequate processes for risk and compliance management?) and to persuade (help management improve those systems with both recommendations and cheerleading).” Join us for The Role of Internal Audit: GRC Police or Driver?

Financial Excellence with Game Changers, presented by SAP

Financial Excellence with Game Changers, presented by SAP

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Financial Excellence with Game Changers, Presented by SAP, Tuesdays at 9 AM Pacific Time and 12 Noon Eastern Time on The Business Channel.

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Bonnie D. Graham

Bonnie D. Graham

Bonnie D. Graham has been producing and hosting live talk radio since 1998. She is the creator, producer and host of the weekly business talk series, “Coffee Break with Game-Changers, presented by SAP” that debuted in Fall 2011, plus more than two dozen related Game-Changers Radio series also heard on the VoiceAmerica Business Channel.

SAP helps companies of all sizes and industries run simple. From back office to boardroom, warehouse to storefront, operations to finance, SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. We do this by extending the availability of software across on-premise installations, cloud and hybrid deployments, and mobile devices.

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