The Evolving Role of the CAE: Taking on Compliance and ERM - Paperback

The Evolving Role of the CAE: Taking on Compliance and ERM - Paperback
Manufacturer: IAF
SKU: 4050.PUB.BK02.00238.00.01
$43.99
Your price: $43.99
Ship to
*
*
Shipping Method
Name
Estimated Delivery
Price
No shipping options

Chief audit executives (CAEs) occupy a unique position within their organizations, with a comprehensive understanding of a number of business facets including:

  •       Risks and controls.
  •       Company’s long-term strategy.
  •       Industry sector.
  •       Regulatory environment.

This knowledge and experience make the CAE an attractive candidate to assume additional organizational responsibilities beyond traditional internal auditing, from risk management and compliance roles to personnel development or conferring on the company’s business strategy.

The Evolving Role of the CAE: Taking on Compliance and ERM explores the benefits and challenges—to the organization, internal audit department, and CAE—of these expanding roles.

  •       What responsibilities are CAEs currently taking on outside of their traditional internal audit role?
  •       Why have some organizations expanded the responsibilities of the CAE?
  •       Does the role of the CAE vary by the organization type (e.g., by sector or industry)?
  •       What are the perceived benefits and challenges associated with expanding the CAE’s role?                             

For some CAEs, the challenges associated with having expanded responsibilities are mitigated through various compensating controls and practices. This research describes some of these mitigating practices and how CAEs with expanded roles can continue to strike the appropriate balance between value-added activities and their independent assurance responsibilities.

About the Authors 

Margaret H. Christ, PhD, CIA, is an assistant professor of accounting at the J.M. Tull School of Accounting at the University of Georgia and has worked as an internal auditor and risk consultant. She has earned several research awards.

Michael Ricci, CPA, is a doctoral student at the J.M. Tull School of Accounting at the University of Georgia. His research interests include internal and external auditors’ multiple, sometimes competing goals.

Customers who bought this item also bought

Third-Party Risk Management: A Practical Guide - Paperback

Management of a third-party relationship is no different than how organizations manage internal processes, with compliance monitoring, procedures, and business continuity plans. It requires cooperation, partnership, agreed-upon performance expectations, and a shared desire for preparedness so the appropriate oversight can be provided. In an increasingly complex world, it is critical that third-party risk and relationship management practices constantly evolve to remain relevant and embrace tools such as scenario planning to ensure readiness for potential future threats.
$34.99

Legal Services: Auditing Internal & External Counsel, 2nd Edition - Paperback

Legal Services: Auditing Internal & External Counsel, 2nd Edition - Paperback
$59.99

Mergers, Acquisitions, and Sales: How Internal Audit Adds Value and Effectiveness - Hardcover

Mergers, Acquisitions, and Sales: How Internal Audit Adds Value and Effectiveness - Hardcover
$71.99

The Practitioner's Blueprint to Construction Auditing - Paperback

The Practitioner's Blueprint to Construction Auditing - Paperback
$93.99