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