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Norman Marks on Governance, Risk Management, and Internal Audit

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Title: Norman Marks on Governance, Risk Management, and Internal Audit | Copyright Norman Marks, all rights reserved

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This will be the first of a series of posts on this topic. I will talk first about politics that affects you personally, and later about your ability to function in a political environment. This is a difficult and emotional topic for me, as ugly political actions by others have changed my career path on […]


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The most important risk meetings are not the ones where the risk officer asks the operating manager what their risks are. They are also not the ones where people gather to review and discuss a list of top risks. No. It’s meetings like these: The Procurement manager meets with the Manufacturing, Sales, and Finance managers […]


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There’s been a lot of discussion about the need for every internal audit function to adopt AI tools. Some go as far as saying that unless they do that, they will become obsolete. The sky is not falling… yet. We are not about to lose our value to the board and top management. But I […]


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The answer to that question, at least in the eyes of the IIA from what I can tell, is that perhaps we should. Culture and behavior are not the same: culture can drive behavior, although it is not the only factor. This post talks about organizational behavior, as that is what the IIA talks about, […]


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Cyber is obviously a source of risk to every organization. So it always makes sense to consider how it should be addressed in the audit plan. It’s not a topic that can be addressed in a single audit. But I’ll come back to that. I believe in risk-based auditing. That means auditing and providing assurance […]


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