The International Sustainability Standards Board (ISSB) released two Sustainability disclosure standards on June 26, 2023[1].  With many developments in the Sustainability/ ESG space – and more on the horizon (not...

The Institute of Internal Auditors released an exposure draft of Global Internal Audit Standards (“draft GIAS”).  These standards will affect the Internal Audit profession and all who rely on it – the board, m...

The Institute of Internal Auditors has released an exposure draft of Global Internal Audit Standards (“draft GIAS”).  These standards will affect the Internal Audit profession and all who rely on it.  Here are ...

IIA’s GAM session was SRO, with more online. Doug and Edward Olson (Partner and [Canadian] National Leader for ESG) offered takeaways. Read more....

International Consortium of Investigative Journalists calls out KPMG.  Social media provides thoughtful comments, including one about X-rays.  Doug says more. ...

IIA Los Angeles 2022 Fall Conference Session: Takeaways I presented “Internal Controls over Sustainability Reporting” (ICSR) at the Institute of Internal Auditors – Los Angeles Chapter – 2022 Fall Conferenc...

SEC Proposed Climate Disclosure Rule: Challenges and Tips At September 1, 2022, it has been almost six months since the SEC proposed a rule on disclosure of climate related risks.  It has been nearly three months...

I offered 10 perspectives on climate change, risk and Internal Audit at an IIA meeting in October 2011 . What’s changed anything ? Everything? What should Internal Audit (and second line) audit functions do no...

Environmental, Social and Governance (ESG) issues are in the spotlight, driven by factors including COVID-19, dramatic evidence of climate change, lack of workplace diversity, and demands from capital markets and cus...

Task Force for Climate Change Related Financial Disclosures[1] (TCFD) published “Proposed Guidance on Climate Related Metrics, Targets and Transition Plans” in June 2021.  TCFD invited topics on many topics, inc...