{"id":8790,"date":"2019-07-22T20:04:43","date_gmt":"2019-07-22T18:04:43","guid":{"rendered":"https:\/blog-%e2%80%8bwhen-culture-is-the-culprit-lessons-from-toshiba-hertz-and-fifa\/"},"modified":"2019-07-22T20:04:43","modified_gmt":"2019-07-22T18:04:43","slug":"blog-%e2%80%8bwhen-culture-is-the-culprit-lessons-from-toshiba-hertz-and-fifa","status":"publish","type":"post","link":"https:\/\/vaa.lt\/en\/blog-%e2%80%8bwhen-culture-is-the-culprit-lessons-from-toshiba-hertz-and-fifa\/","title":{"rendered":"Blog: \u200bWhen Culture Is the Culprit: Lessons From Toshiba, Hertz, and FIFA"},"content":{"rendered":"<p class=\"ms-rteElement-P\">In his blog, IIA President and CEO Richard Chambers, CIA, QIAL, CGAP, CCSA, CRMA, shares his personal reflections and insights on the internal audit profession. Here&#8217;s an excerpt from his latest post:&nbsp;<\/p>\n<p class=\"ms-rteElement-P\">\u200bIn the past few weeks, I have written about governance failings that came to light at three disparate organizations \u2014 Toshiba, Hertz, and FIFA. These cases, in my view\u200b, have two notable things in common:<\/p>\n<ul>\n<li>The appearance and indication of a strong and inappropriate tone coming from the top that trumped internal controls to the detriment of the organization and its stakeholders.<\/li>\n<li>Internal control and governance failures that apparently allowed alleged wrongdoing to continue for extended periods of time.<\/li>\n<\/ul>\n<p class=\"ms-rteElement-P\">In each case, we have learned about failures in internal control that manifest themselves in prolonged and systemic accounting irregularities or alleged corruption. The details are critical from a forensic perspective, but it is important not to get immediately caught up in the details. The lesson these high-profile failings offer is that a strong yet inappropriate tone at the top can easily render even viable internal control processes and policies virtually irrelevant.<\/p>\n<p><a href=\"https:\/\/iaonline.theiia.org\/blogs\/chambers\/2015\/when-culture-is-the-culprit-lessons-from-toshiba-hertz-and-fifa\" target=\"_blank\">Read the full InternalAuditor.org blog post from IIA President and CEO Richard Chambers<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>In his blog, IIA President and CEO Richard Chambers, CIA, QIAL, CGAP, CCSA, CRMA, shares his personal reflections and insights on the internal audit profession. Here&#8217;s an excerpt from his latest post:&nbsp; \u200bIn the past few weeks, I have written about governance failings that came to light at three disparate organizations \u2014 Toshiba, Hertz, and [&hellip;]<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-8790","post","type-post","status-publish","format-standard","hentry","category-iia-naujienos"],"featured_image_src":{"landsacpe":false,"list":false,"medium":false,"full":false},"_links":{"self":[{"href":"https:\/\/vaa.lt\/en\/wp-json\/wp\/v2\/posts\/8790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vaa.lt\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vaa.lt\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vaa.lt\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/vaa.lt\/en\/wp-json\/wp\/v2\/comments?post=8790"}],"version-history":[{"count":0,"href":"https:\/\/vaa.lt\/en\/wp-json\/wp\/v2\/posts\/8790\/revisions"}],"wp:attachment":[{"href":"https:\/\/vaa.lt\/en\/wp-json\/wp\/v2\/media?parent=8790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vaa.lt\/en\/wp-json\/wp\/v2\/categories?post=8790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vaa.lt\/en\/wp-json\/wp\/v2\/tags?post=8790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}