Business Intelligence

A Future Rich In Opportunity: Internal Audit Must Seize Opportunities To Enhance Its Relevancy

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Executive Summary

Most consumer-oriented companies continue to face significant challenges, and growth overwhelmingly tops the list. In addition, the reputation of financial services and the automotive industries has suffered, and as a consequence these industries are undertaking new activities to positively influence public perception. Across all industries, Chief Executive Officers (CEOs) are focusing on initiatives to realize cost efficiencies, develop talent, grow organically, and implement new Information Technology (IT). Stakeholders expect more as well. Many have characterized the crisis as a failure in risk management, and consequently countries are making regulatory moves to improve risk management.

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