Governance resources

A strong, vibrant oversight function for internal audit is essential to ensuring independence and objectivity in this key area of management responsibility. CHAN strives to provide governance committees educational resources to carry out their responsibilities in an effective manner. Over the last several years, as risks increased and "financial and weak internal control surprises" have occurred, it has become evident there is a need to ensure everyone involved in monitoring internal controls understands their roles and responsibilities.

To meet this need and provide resources for current, ongoing governance committee education, CHAN has developed and maintains governance committee educational resources accessible to CHAN auditors. Resources are assembled from reputable national publications and professional groups, or developed by CHAN in response to an emerging need. Governance members also have access to the CHAN quarterly newsletter published with timely information about industry trends, emerging audit issues, internal control best practices and common areas of risk or exposure.

CHAN will work with a client to develop an ongoing, governance committee educational program. In addition to the local auditor, CHAN senior management is available for governance committee educational presentations.