Auditing risk culture: A practical guide

With the number of financial scandals and recent failures of governance across a range of sectors from casinos to mines, internal auditors will now have a practical guide for auditing risk culture to improve the risk management processes in organisations.

The Institute of Internal Auditors-Australia (IIA-Australia) has released a 40-page guide ‘Auditing Risk Culture - A practical guide’ to help internal auditors, senior management, board audit committees, and other assurance providers in all sectors of the economy.

The guide was authored by Macquarie University Professor Elizabeth Sheedy, Kiel Advisory Group Managing Director Elizabeth Arzadon, and QSuper’s Head of Internal Audit Regardt Du Preez.