Internal Auditing Around the World: Volume 8

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How Internal Audit Functions Develop Great People - Internal Audit Best Practices: How to Achieve Excellence in Risk Management and Internal Controls

Amidst technological advancement, globalization, increased regulation across industries, heightened competition for talent and a global economy that remains uncertain, many companies are revisiting how internal audit fits into their long-term strategic plans. Leading global companies are leveraging their internal audit functions to help train and develop great talent for their organizations.

Internal auditors are now gaining valuable exposure to other areas of the business, with the expectation that this will build a stronger understanding of risk management and effective internal controls throughout the organization. In this booklet, we detail internal audit best practices, processes and strategies being employed at some of the world’s most successful companies.

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