Recent audit survey*, highlight that internal audit is underutilized for its capabilities to deliver strategic value to an organization. In today’s fast changing world, with rapidly evolving needs of organizations, internal audit can play a vital role in monitoring the impact of these operational changes on the business environment.

To be effectively utilized and fully focused, the internal audit activities should be a well-balanced evaluation of a broad range of critical risks – from cyber security and social media, to risk posed by market expansion, M&A, global supply chain to talent management and culture, and the associated controls.

This webinar will provide insights into the transition of internal audit functions from risk aversion towards value creation and how internal audit can adopt an add model for business advantage.

Key discussion points:

• The changing scenario of audit requirements and its effect on business performance
• Audit coverage of organizational risk related to strategic objectives
• Role of internal audit in communicating business insights
• Highlights on the best practices and techniques for effective audit process

* IIA 2013 Audit Executive Center Survey Report and KPMG Audit Committee Institute Survey Report

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