Taking Internal Audit to a Strategic Level
Identifying, Assessing, and Managing Risk
The new internal audit model, as outlined in “A New Decade, a New Internal Audit Model,” leverages existing activities to continuously monitor, manage, and improve business performance based on four key auditing principles: assurance, performance improvement, compliance, and risk identification and assessment. This white paper addresses the opportunity for internal audit to take its role in risk identification and assessment to a strategic level.