The City of Tye, Texas, is conducting an internal audit to look into a high number of water billing errors and complaints of soaring costs. One customer has complained that in recent months her bill more than doubled, from $50 a month to $106. In October, residential water bill rates Read More
The Institute of Internal Auditors (IIA) and the Neel Corporate Governance Center have unveiled an annual corporate governance index that measures the quality of corporate governance among publicly held companies in the United States and the results aren’t very good. The inaugural American Corporate Governance Index (ACGI) graded U.S. companies Read More
Where, exactly, does responsibility lie in a modern corporation for ensuring that risks are being identified and managed? It may seem like a simple question, but the answer is far more complex. In fact, a long-used model to define such responsibilities, the “Three Lines of Defense” model, is in the Read More
