For internal audit and assurance professionals. Curated, not algorithmic.

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This week

riskacademy.blog · · Curated yesterday
Risk Management's Architect Admits Flaws: ISO 31000 Co-Author Calls for a Shift to Decision Support

Grant Purdy, a co-author of the ISO 31000 risk management standard, contends that the discipline has strayed from its original purpose. After 50 years in the field, Purdy argues that risk management has become a compliance-driven exercise, generating paperwork and false confidence rather than genuinely aiding business decisions. This critique from a foundational figure in risk management highlights a critical need for internal audit and assurance professionals to re-evaluate current practices and refocus on practical decision support.

News & Blogs · Global Read more
riskacademy.blog · · Curated yesterday
Beyond Compliance: Is Your Risk Management Truly Creating Value?

This article challenges internal audit and assurance professionals to critically evaluate whether their organization's risk management practices genuinely add value or merely serve as 'compliance theater.' It argues that effective risk management should directly influence critical business decisions, improve financial outcomes, and enhance operational resilience, rather than just generating reports or satisfying auditors. The piece advocates for a shift towards quantifiable, decision-centric risk analysis.

News & Blogs · Global Read more
youtube.com · · Curated yesterday
Mastering Influence Without Authority: A Key Skill for Internal Auditors

Internal auditors often face the challenge of driving change and securing cooperation without direct hierarchical power. This webinar explores practical strategies for auditors to build credibility, foster collaboration, and effectively influence stakeholders, ultimately enhancing the impact and value of their audit work.

Social & Media · Global Watch on YouTube
youtube.com · · Curated yesterday
BtL Webinar: Culture in Action - Understanding and Leveraging Organizational Culture

This webinar, "Culture in Action," delves into the critical role of organizational culture, offering insights into how it shapes behavior, performance, and risk. For internal audit and assurance professionals, understanding these dynamics is crucial for effective risk assessment, control evaluation, and providing strategic recommendations that align with an organization's true operational environment.

Social & Media · Global Watch on YouTube
youtube.com · · Curated yesterday
AI and Analytics for Audit Leaders: A BtL Webinar Overview

This webinar, hosted by BtL, delves into the transformative potential of AI and analytics for internal audit functions. It's crucial for audit leaders to understand how these technologies can enhance efficiency, improve risk detection, and provide deeper insights, ultimately elevating the strategic value of internal audit within their organizations. The discussion likely covers practical applications, implementation challenges, and best practices for leveraging these tools effectively.

Social & Media · Global Watch on YouTube
tamikaslowley.wixsite.com · · Curated yesterday
GRC Maturity: Beyond Compliance to Competitive Advantage

This article argues that GRC maturity is not merely about regulatory compliance but is a critical driver of competitive advantage. Internal audit and assurance professionals should recognize that robust GRC frameworks enable better strategic decision-making, effective resource allocation, and enhanced organizational resilience, ultimately leading to superior performance and long-term success. Shifting focus from basic compliance to strategic GRC maturity can transform an organization's operational effectiveness and market position.

News & Blogs · Global Read more
tamikaslowley.wixsite.com · · Curated yesterday
10 Red Flags: Identifying Low GRC Maturity in Your Organization

This article outlines ten critical indicators that an organization may have low Governance, Risk, and Control (GRC) maturity. For internal audit and assurance professionals, understanding these signs is crucial for identifying areas of weakness, prioritizing audit efforts, and guiding management towards more robust and integrated GRC practices that enhance resilience and informed decision-making.

News & Blogs · Global Read more
tamikaslowley.wixsite.com · · Curated yesterday
Assessing GRC Maturity: A Roadmap for Internal Audit and Assurance Professionals

This article provides a comprehensive overview of Governance, Risk, and Control (GRC) maturity, outlining a 0-4 stage model. For internal audit and assurance professionals, understanding an organization's GRC maturity is crucial for tailoring audit plans, identifying key areas for improvement, and effectively advising leadership on strengthening governance frameworks and risk management practices. It emphasizes that GRC maturity is a continuous journey, not a destination, and offers practical insights into the benefits of advancing through the stages.

News & Blogs · Global Read more
tamikaslowley.wixsite.com · · Curated yesterday
Understanding GRC Maturity: A Foundation for Organizational Resilience and Effective Decision-Making

This article introduces the concept of GRC maturity, defining it as the effectiveness and continuous improvement of an organization's governance, risk management, and compliance processes. For internal audit and assurance professionals, understanding GRC maturity is crucial for assessing an organization's control environment, identifying areas of weakness, and guiding strategic improvements that enhance resilience and stakeholder confidence.

News & Blogs · Global Read more
tamikaslowley.wixsite.com · · Curated yesterday
GRC for MSMEs: Navigating Challenges and Building Resilience

This article highlights the critical importance of Governance, Risk, and Control (GRC) for Micro, Small, and Medium Enterprises (MSMEs). It emphasizes that GRC is not just for large corporations but is essential for MSMEs to ensure accountability, transparency, and strategic direction, ultimately leading to sustainable growth and resilience despite limited resources and unique challenges.

News & Blogs · Global Read more
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