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> (or, better, internal auditor) An internal auditor will forever be at risk by executives focused on the short-term. So long as executive compensation is dec
by rectang 7y ago
> (or, better, internal auditor)
An internal auditor will forever be at risk by executives focused on the short-term. So long as executive compensation is decoupled from long-term health, no auditor can endure — eventually somebody's going to force out the auditor for the sake of padding their paycheck.
This is unfortunate because external regulation introduces lots of inefficiencies.
- rconti 7y agoRight, I meant "better" from the perspective of the execs :D There's a lot wrong with external regulation, as you indicate, but it's often (sometimes? always?) the least bad option.