Understand went wrong with Carillion and how to prevent a similar collapse.
The recent collapse of Carillion, the huge British multinational facilities management and construction services company, will continue to be analyzed and debated for years. While there were obviously substantive, operational reasons for the collapse, there were also failures of oversight which cannot be ignored. Changes in risk should be expected and internal audit must not only be agile enough to assess the nature and severity of identified risks, it must also be prepared to handle the unexpected. Download the latest issue and share it with your audit committee and your organization’s senior management.
