Recently, there has been increased focus on the impact of culture on an organization’s business practices. Culture was the key theme of Internal Auditing Around the World, Volume XIII
, the 2017 edition of Protiviti’s popular performer perspectives series.
Multiple recent high-profile company culture failures have led to intense regulatory focus on the measures taken by organizations to prevent employee misconduct. Based on observations from working with financial services industry (FSI) clients and colleagues, in this article, Protiviti’s Reema Singh explains how internal auditors are well positioned to help maintain a culture of accountability and risk awareness to avoid an embarrassing public disclosure or regulatory scrutiny.