Internal Audit Standards & Processes
With all these demands, internal audit is in many companies often elevated from pure compliance to a function that regularly reviews the risk profile for emerging risks and identifies trends as it keeps its finger on the pulse of business performance. The chief risk officer, meanwhile, becomes increasingly involved in strategic decision-making where the emphasis is as much on risk as it is on growth. Companies and other decision-makers use the information to navigate a complex world of risks and opportunities, amid technological advances that are unprecedented in their speed and impact. The world of information and trust is being revolutionized. What do companies and stakeholders need to consider securing their place in tomorrow’s world?
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