Internal audits of culture can help organisations get to grips with their DNA.
The significant role that culture plays in corporate scandals is well documented. From the charity Save the Children, through to retailer Sports Direct and gig economy stalwart Uber, headlines have been made for the wrong reasons after corporate culture was exposed as toxic.
Given the risk that corporate culture presents, cultural audits need to be an established part of a risk management strategy. Especially bearing in mind that boards have a responsibility under the UK Corporate Governance Code to establish that the culture, values and ethics of their company are aligned.
Continue reading
This content is not freely available. To access 'Culture shift: Changing internal audits' you need to be one of the following:
ACA student
This content is available to ACA students. If you want to start the ACA qualification there are several routes you can take
Audit and Assurance Faculty
Stay ahead of the curve with our expert guidance, trusted technical resources and practical insights.