Harnessing the full potential of internal audit
To protect and enhance
Internal audit is not a one-size-fits-all function, and typically not everyone in the organization agrees on what its primary focus should be. Find out how to harness the full potential of internal audit – to protect and enhance.
It's important that the audit committee and executive management have full visibility into the activities of internal audit, and that they be involved in the development of the function’s objectives, audit plan, and activities.
Deloitte believes that to enhance the performance of the internal audit function and its value to the organisation, audit committees should periodically ask whether internal audit is performing the appropriate activities, has adequate resources, and is proactively identifying risks and monitoring critical controls. This whitepaper explores the audit committee’s role and shares insights on how best to harness the full potential of internal audit's capabilities.