John McLaughlin developed the idea of The Audit Exchange, and an affiliated practice named ERM Exchange, with the realization that enterprise risk management, internal auditing and other related business advisory services require a significant amount of collaboration with management to ensure meaningful and lasting outcomes.
Over the past 25 years, he recognized that too often, internal auditing and other risk advisory services can be unnecessarily disruptive to business processes owners, management and the Board, when executed by inexperienced individuals with an insufficient business perspective. The Audit Exchange and ERM Exchange were created to ensure the most meaningful exchange of experience and perspective between management, the Board and ourselves as business advisors.