Weekly Wrap – 18th December 2013


1:47 – The great interest in all matters relating to fraud

2:20 – Lessons learnt from McLeod Governance Index

2:50 – Honestly Lay Bare’s Delorean!


Hi I am Tom McLeod, Managing Consultant of McLeod Governance.

This is what I would be thinking about this week.

In this the last Weekly Wrap of 2013, it is timely that we look back on the events that impacted on corporate governance, risk management and internal audit and – by extension – how those events influenced McLeod Governance in its first year of operation.

When we set up McLeod Governance we had the aim of establishing a world wide community of people that had interests in the subjects that we are equally passionate about.

This newsletter is read by approximately 10,000 people per week.

This video is seen by approximately 3,000 people per week.

During the year – or we should say during the half year – we have produced more than 20 Reports of the Week, Honestly Lay Bare and the McLeod Governance Index.

We have produced 19 Weekly Wraps and in doing so we have generated a conversation.  But more importantly we have been the great recipient of an extraordinary amount of intellect that sits out there in the broader governance, risk and audit community.

So today as the first attempt – the first go – at the McLeod Governance Awards we just wanted to reflect on some of the things that we have learnt in 2013.

Firstly if one was to even mention the word fraud – whether it was in the Weekly Wrap, the Report of the Week or Honestly Lay Bare – the hits on our website go through the roof.

There is an extraordinary appetite out there for all things related to prevention or elimination of corruption or fraud.

It will be a continuing focus for us in the New Year and beyond.

From a McLeod Governance Index perspective, those loyal followers of the site will know that there has been a slow but steady decline in the momentum of the McLeod Governance Index over the six months that we have been tracking it.

Why is that?

I think it is too early to tell but there is definitely seasonal impacts on the treatment or discussion of fraud, governance and audit.

If there was one Honestly Lay Bare that I enjoyed the response to the most was that which I titled “The Delorean”.

It was a look into the future of internal audit.  Later in the year we looked at what internal audit would be in 10 and 50 years time.

The Delorean for me was more so looking at what we can do now to build that immediate future.

We are heading off on a well earned rest now and will be on leave until the week of 16th January.

In the week of the 19th January we will be producing a best of 2013 edition of the Weekly Newsletter.



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