2015 State of the Internal Audit Profession Study

 

 

2015 State of the Internal Audit Profession Study

Finding True North in a period of rapid transformation

Against a backdrop of transformation and industry disruption, many businesses have been driven to rethink their value propositions to stay relevant. Similarly, internal audit functions must continue to innovate and evolve to contribute value and keep pace with business change.

PwC’s 2015 State of the Internal Audit Profession Study explores the views of over 1,300 chief audit executives (CAEs), senior management and board members globally to identify opportunities and threats to the function. The study also provides insight into the skills, behaviours and actions necessary for internal audit to address these and successfully navigate a dynamic business environment. Particular focus has been given to areas including:

  • focus on risk throughout the process of business transformation
     
  • diversification and enhancement of capabilities and skills to maintain the standing and relevance of the internal audit function
     
  • alignment and collaboration with other lines of defence to strengthen overall organisation risk management
     
  • the power of data analytics and how they can be leveraged to provide insight and direction to the business and the internal audit function
     
  • strengthening overall risk management through collaboration and alignment with other lines of defence.

 

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