Top 10 in 2020: Considerations for impactful internal audit departments

Top 10 in 2020

The areas where internal audit should focus to effectively add value across the organisation and maximise its influence on the company

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As companies continue to navigate rapidly changing business models, regulatory requirements, technology disruption, and more, the opportunity for Internal Audit (IA) to identify and help companies respond to risks is ever-increasing. In fact, IA can play an important role in helping organisations manage the risk environment while also making progress on strategic and growth priorities. To provide the greatest value, IA must find opportunities to challenge the status quo to reduce risk, improve controls, and identify potential efficiencies and cost benefits across the organisation.

To help IA functions achieve these goals, we present KPMG internal audit: Top 10 in 2020 Considerations for impactful internal audit departments, which outlines areas where IA should focus so it can effectively add value across the organisation and maximise its influence on the company.

Top 10 in 2020

Considerations for impactful internal audit departments

  1. Intelligent automation
  2. Data analytics and insights
  3. Technology transformation
  4. Cybersecurity
  5. Compliance and regulations
  6. Distributed enterprise
  7. Culture risk
  8. Corporate responsibility
  9. Protectionism and sanctions
  10. Workforce demographics

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