Article
Holistic Risk Management: An Expanded Role for Internal Auditors
Academy of Accounting and Financial Studies Journal
(2012)
Abstract
Internal auditors have always been engaged in elements of risk management by testing controls and examining their organizations' compliance with internal policies and externally imposed laws and regulations. In recent years, companies have undertaken initiatives that integrate governance, risk assessment, risk control, and compliance activities into unified efforts directed at achieving an optimal risk exposure level. This paper outlines the internal auditor's holistic role in these integrated efforts to achieve specific business risk objectives.
Disciplines
Publication Date
January, 2012
Citation Information
Gary P. Schneider, Aamer Sheikh and Kathleen A. Simione. "Holistic Risk Management: An Expanded Role for Internal Auditors" Academy of Accounting and Financial Studies Journal Vol. 16 Iss. 1 (2012) p. 25 Available at: http://works.bepress.com/gary-schneider/13/