Richard Chambers' blog

New IIA Report Yields Valuable Clues on Risks for 2021

In this blog on Internal Auditor Online, IIA President and CEO Richard Chambers, CIA, QIAL, CGAP, CCSA, CRMA, shares his personal reflections and insights on the internal audit profession.

All crises eventually provoke some level of introspection, whether personal, organizational, or societal. Certainly, COVID-19 has borne this out. Much has been written about the pandemic's impact on interpersonal relationships, culture, politics, economies, and technology, as we seek answers to the greatest global challenge of the century. I have shared plenty of perspectives in this blog alone.

This week, The IIA releases an insightful report that provides further perspective on the pandemic and its impacts on organizations. OnRisk 2021: A Guide to Understanding, Aligning, and Optimizing Risk is not intended to be a report on COVID-19's effects on risk management and governance. Indeed, the report — now in its second year — is designed to offer key insights into risk alignment among boards, executive management, and internal audit. However, it is virtually impossible to discuss the risks we face without addressing the elephant in the room.

Read the full InternalAuditor.org blog post from IIA President and CEO Richard Chambers.