High-impact areas of focus—2016

Many boards and senior executive teams now want internal audit to go beyond “table-stakes” audits. Table-stakes audits allocate too many resources to low-impact areas and too few to high-impact areas of the business. The definition of a high-impact area for your organization will depend on its industry, business model, risks, geography, and regulatory climate. But, generally, low-impact areas involve well-established systems and controls, and well-known risks and issues. These areas must be addressed, but they should not divert resources from high-impact areas.

For this 2016 edition of our High-impact areas of focus series, Deloitte has flagged 11 areas along with potential steps for you to consider in upcoming audit plans. Download the report to learn more.