Best Practices for the New Risk Environment
The global pandemic has accelerated the revolution in our business environment, with technology and increased use of social media driving dramatic change and greater risk in business models, customer behavior, employee work environments, and job duties. Disruptive technology is advancing in ways that allow predators to steal, control, or use company assets, while making privacy increasingly difficult to protect. In changing times like these, it is easy to lose alignment with emerging risks and have a false sense of security with our existing controls.
This book is written for board members, senior management teams and practitioners who strive for excellence in corporate governance. It offers specific, practical solutions for managing risks and aligning controls in today's chaotic business environment, including:
• Best practices in corporate governance;
• Emerging risks and your enterprise risk management program response;
• Fraud exposure and your fraud risk assessment scorecard;
• Internal controls and implementing effective monitoring;
• Process improvement and transformation to remain relevant.
As change will continue at an alarmingly fast pace, this book will prepare you to ask the right questions of your employees and effectively inform your company stakeholders about risk and control.
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"Chaos & Control is a must-read book for anyone seeking a roadmap to best practices in internal auditing. I encourage you to get this book and learn from one of the leading experts in our field." Steve Goepfert, Retired Chief Audit Executive and VP, United Airlines; Past Global Chair of the Institute of Internal Auditors Board of Directors
"Sonny Brandtner has crafted a thoughtful and informative guide on emerging risks and risk management approaches. Leveraging his years of consultative experience and current research on the changing nature of business as well as stakeholder expectations, he has developed an impressive and useful document. The book is timely, and an important tool for mid to senior level executives and board members." Patty Miller, Board of Directors Member Committee of Sponsoring Organizations (COSO); Past Global Chair of the Institute of Internal Auditors Board of Directors; Retired Partner, Deloitte
"After observing Sonny's passion for our profession for more than 20 years, I'm not surprised to see him produce this outstanding work that provides useful tools for all levels of practitioners." J. Michael Peppers, Chief Audit Executive, The University of Texas System; Past Global Chair of The Institute of Internal Auditors Board of Director
"Sonny has provided a roadmap to deal with risk and change in the future. He is a seasoned professional who provides a summary of key risk management concepts and will make you think about things in a different light. This is a great read for all business professionals." Mark Salamasick, Former Director of Center for Internal Auditing of The University of Texas - Dallas; Co-author, Internal Auditing: Assurance & Advisory Services 4th Edition; Retired Chief Audit Executive
Sonny Brandtner is a Certified Public Accountant and Certified Fraud Examiner with over twenty years of leadership experience in corporate risk assessments and internal controls. He has been Partner at Briggs & Veselka and Deloitte, as well as Director at PWC. He also has served in risk management roles at Burger King and predecessor banks of Bank of America. His experience includes developing enterprise risk management programs, performing fraud risk assessments, providing internal audit, optimizing Sarbanes-Oxley compliance programs, driving process improvement, and transformation such as ESG. He was appointed to the University of Houston C.T. Bauer College of Business Accounting Advisory Board in 2020, served on the Houston Chapter of the Institute of Internal Auditors Board of Governors for ten years, and on the Houston Chapter of the National Association of Corporate Directors Advisory Board. Sonny is a frequent speaker at IIA, and AICPA conferences, and was a presenter at two ACFE global conferences. He was a guest lecturer at the University of Texas at Austin McCombs Graduate School of Business for four years, teaching corporate risks and controls. Sonny is a graduate of The University of Texas at Austin with a BBA in Accounting and minor in Management.
