By Andrew Struthers-Kennedy and Michael Thor, Protiviti Managing Directors
In a recent Protiviti webinar on “next-generation” internal auditing, nearly 70 percent of participants indicated that they were undertaking transformation and innovation initiatives.
The objectives of these transformations — efficiency, adaptability, increased engagement and deeper, more valuable insights — are easy to understand. The mechanisms to implement such changes, however, vary across a number of elements. Each organization will need to develop its own vision of what next-generation internal audit will look like, but many have elements in common.