The current global economic downturn has been swift and severe, leaving organizations around the world searching for ways to contain costs, improve efficiencies, maintain customer satisfaction levels and protect their balance sheets. This unprecedented economic crisis has been nothing short of an urgent call to action for more robust risk management practices in global organizations of every size and in all industries. In retrospect, the role of the internal audit function may have been somewhat overlooked in the economic storm. This issue of The Bulletin explores how internal audit can contribute to the organization as it recovers from the crisis and what management and boards should expect of internal audit going forward.