Evaluating and Improving Organizational Governance
By: Dean Bahrman
“Does my organization have the right governance practices in place?”
Evaluating and Improving Organizational Governance provides readers with a number of fundamental principles and practices to consider in framing their organization’s governance structures.
Corporate scandals, distrust in organizational leadership, and stakeholders demanding more information, fairness, and direct action have heightened awareness of the need for greater governance.
As an experienced internal auditor you know there is no one-size-fits-all governance model and no “blueprint” for what an organization’s governance structure should look like. A comprehensive, effective governance system will help you discover what it is that you didn’t know you did not know. This is why it is important that all personnel — from the governing board to the organization’s front line — use this handbook to ensure that effective governance exists.
Author Dean Bahrman, CIA, provides comprehensive information, including:
- Building blocks such as defining objectives, goals, strategies, and risk management.
- Outlining the legal requirements and governance codes.
- An Organizational Governance Framework.
- Identifying and defining the roles and responsibilities of key “players” in organizational governance.
- More than 20 internal governance processes to provide basic criteria for evaluation.
The handbook also includes helpful appendices and suggested further readings. Whether your organization is big or small, public, private, or not-for-profit, this handbook is an important resource in providing guidance on fulfilling your governance responsibilities.
Item Number: 10.1074
Advancing Organizational Governance: Internal Audit's Role
By: P. Dean Bahrman, CIA
This book was written to complement the recently published handbook, Evaluating and Improving Organizational Governance.
Governance, which includes the important subsets of risk, control, and compliance, is the “space” in which internal audit plays. There are tremendous opportunities for internal auditors to add value to their respective organizations through work they can perform in advancing organizational practices.
Author Dean Bahrman, CIA, provides “how to” guidance and tools on:
- Internal audit’s role in providing assurance design and operating effectiveness
- Key risks and audit steps to take when gathering evidence
- Using capability maturity models
- Managing risk
- Other roles internal audit may fill
Helpful appendices and suggested further readings are also included.
The primary audience for this book is internal audit management. Board/audit committee members with internal audit oversight, executive management, other governance practitioners, academia, and individuals charged with advancing organizational governance in all types and sizes of organizations will also find this book useful.
Best Practices: Evaluating the Corporate Culture
By: The Institute of Internal Auditors Research Foundation
Best Practices: Evaluating the Corporate Culture presents soft control evaluation techniques that have been proven effective in a variety of organizations. Readers will gain insight into how to tailor a technique to their own organization by seeing how similar results are achieved in different organizations.
Stakeholders want assurance that their organization will not be the next highly publicized failure. To give them that assurance, we must identify the potential causes of such failures: weaknesses in the corporate culture.
This book argues that evaluating the corporate culture is an internal audit best practice and gives practical examples of how this can be done. Evaluating soft controls—tone at the top, the organization’s ethical climate, and management’s philosophy and operating style—and reporting weaknesses to those accountable is perhaps the greatest challenge internal auditors have ever faced.
Traditional auditors believe we cannot and should not try to do this because of the subjectivity involved. Best practice audit departments like those featured in this book, however, have found ways to do so effectively.
- The nature of soft controls and why internal auditors need to evaluate them
- Using surveys and interviews to evaluate soft controls within a specific area or process
- Using surveys and interviews to evaluate entity-level soft controls
- Using a combination of surveys, interviews, and workshops during audit projects and for entity-level reviews
- Guidelines for using each of the techniques
- Proven soft control evaluation tools from 21 organizations
Item Number: 10.1240