15-08-2013
15-08-2013Free Download for IIA members: Contrasting GRC and ERM | ||
Contrasting GRC and ERM: Perceptions and Practices Among Internal Auditors brings clarity to the gray area regarding enterprise risk management (ERM) and governance, risk, and control (GRC). Governance, risk, and control (GRC) and enterprise risk management (ERM) are two topics frequently discussed within the business community. This research study explores the perceptions about the meanings of GRC and ERM and internal audit’s involvement. The findings provide insight into strategic steps for the internal audit profession as a whole, plus useful perspectives for practitioners. Researchers used The IIA’s extensive network of internal audit contacts around the world to conduct a survey involving 23 countries. Many of the results were interpreted through follow-up interviews with internal audit experts in the field of GRC. Finally, the researchers conducted a review of current publications about GRC and ERM to describe current thinking on the topic. Key findings include:
governance. To meet existing and future challenges, the internal audit profession would benefit by clarifying the concepts and language relative to GRC and ERM. Download the report |