The Myth of Internal Audit Independence: Why It’s Time to Evolve Beyond GRC Thinking

The debate over the true independence of internal audit (IA) has resurfaced with new urgency following the recent high-profile firings of multiple inspectors general (IGs). Government IGs in the United States operate in similar ways to IA in private-sector organizations. Given their similarity, these IG dismissals have sparked controversy within the IA community, with critics arguing they threaten government oversight and accountability. The situation underscores a long-standing issue: IA and IGs are not truly independent, and continuing to believe otherwise does more harm than good.

John A. Wheeler

John A. Wheeler is the founder and CEO of Wheelhouse Advisors, a global risk management strategy and technology advisory firm. With over three decades of experience spanning executive management, finance, risk management, audit, and IT, John is a world-renowned expert in integrated risk management technology, executive leadership, and corporate governance.

https://www.linkedin.com/in/johnawheeler/
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Climate Disclosure Regulations and the Future of Risk Management

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What the Public Sector Can Learn from the Private Sector’s Embrace of Integrated Risk Management