Checking Culture: a new role for internal audit

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A new Board Briefing, published by the Institute of Business Ethics (IBE), sets out the role of internal audit in advising boards on whether a company is living up to its ethical values.

This paper from the Institute of Business Ethics, in collaboration with EY and the Institute of Internal Auditors, indicates that internal audit, in partnership with a number of other corporate functions, has an important part to play in helping boards and executive management deliver on their responsibility for driving their organisation’s culture and values.

Kevin Hills, EY Partner and Head of Integrity and Compliance in the UK & Ireland, comments that:

“While the vast majority of boards we work with would accept it is their responsibility to create an environment that enables employees to act with integrity; many would find it difficult, nigh on impossible, to demonstrate their organisation’s culture.”

The report draws on the experience of those actually involved at senior level in six companies representing a wide range of sectors and sizes. Audit Committee chairs, heads of internal audit and heads of ethics and compliance recount in their own words how they have approached the challenge of checking culture.


EY - Checking Culture - IBE

Checking Culture: a new role for internal audit

 Download the executive summary

 Purchase a full copy of the report from the IBE