Integrated Assurance

'Understanding the principles of joined up and coordinated risk management and internal control is increasingly key to becoming an effective director, member of senior management or head of internal audit and related assurance functions in the corporate and public sectors. This book explains the background cogently, draws on much current thinking from around the world and gives useful practical insights about effective processes. Vicky Kubitscheck writes intelligently, identifies her sources well and draws on her own considerable experiences in this important field.' Martyn Jones, President of the Institute of Chartered Accountants England and Wales 'Risk assessment and management of risk are two key activities at board, management and operational levels in all organisations. In this analysis of the processes of risk-taking the author has cleverly woven her knowledge and experiences of the practices of risk management and assurance, creating a unique integrated framework of guidance for risk oversight and risk-taking. Understanding and using this framework is a must for all seeking governance excellence and for those who provide assurances on governance - management, auditors and regulators.' Jeffrey Ridley, University of Lincoln, UK and First Past President of now Chartered Institute of Internal Auditors, United Kingdom and Ireland. Author of Cutting Edge Internal Auditing 'With increased regulatory focus on how ethics, culture and governance are connected in our organisations, this book offers a highly developed framework and practical tools to ensure all the bases are covered while building a join-up response. Increased regulation also risks resources being wasted by over-lapping or misdirected approaches. In this book, we see a particularly refined coherent approach, utilising specialist expertise and current best practice. This will be of value to senior-level, cross-disciplinary teams with a desire for insight and a dedication to creating an inspiring vision.' David Jackman, Director of The Ethical Space and Chair of the Ethics Foundation. Formerly Head of Business Ethics at the Financial Services Authority, UK 'The ability to take and control risk is one of the most important attributes of a successful organisation, but it needs to be underpinned by a healthy control environment and a rigorous control and assurance framework. In her book, Vicky Kubitscheck draws on her wealth of experience to put forward integrated approaches that balance the increasing need for insightful assurance against the demands for efficient use of resources and sensible risk taking. I have always found Vicky to be a pioneering innovator in her field, and I highly recommend her book as a source of fresh ideas.' Malcolm McCaig, Chairman and Independent Non-Executive Director 'As an experienced non-executive director in Financial Services I need the certainty of comprehensive and integrated assurance that enables the Board to focus on the key strategic decisions of the day. The greater the size and complexity of the organisation the more important this becomes, and the harder it is to achieve. I have worked with Vicky Kubitscheck for a number of years and have found her insights invaluable. I highly recommend this book which gives everyone an opportunity to understand better the highest standards of corporate governance.' Mike Urmston, Non-Executive Director of Phoenix Life, Reassure, Ageas Insurance and Police Mutual. Member of Regulatory Decisions Committee at FCA, UK 'Effective assurance is undoubtedly the watch word for every non-executive director today. Based on my 10 years of experience in the boardroom, I believe that this book provides an invaluable and insightful examination of assurance and risk oversight and how these meet the needs of the board. I recommend this book to both executive and non-executive board members seeking to optimise the value of governance by ensuring an integrated approach to risk and internal control.' Davida Marston, experienced Non-Executive Director and Audit Chair for PLCs and non-UK listed companies