Where internal audit teams are spending most of their time
Over half of key stakeholders including audit committees, company boards, and chief financial officers are looking to internal audit teams to take on more risk-related work, according to AuditBoard. The study revealed that these expanding expectations are coming at a time when internal audit has limited bandwidth for advisory-related services — and increasing risk demand and insufficient risk management capacity are creating a risk coverage gap for the business. Change and unpredictability from economic, geopolitical, … More
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