There is a great opportunity for internal auditors to add more value to their organizations by shifting their approaches from assurance to advisory.
Internal audits often are approached with a transactional, assurance mindset centered around checking predetermined boxes, no matter the unique needs or goals of the organization. Shifting to an advisory approach can help internal auditors demonstrate greater value by tailoring risk assessments, audits, and reporting to the specific needs and strategic goals of the organization, positioning them as invaluable assets.
Use this guide for practical ways to adjust your approach and move from assurance to advisory with confidence.
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Read about FDIC & NCUA Q1 industry results, FDIC reevaluation of bank merger transactions policy, Fed agenda, SEC focus change, and more.
See how audit committees can help strategically improve cybersecurity oversight to protect business interests amid rising digital threats.
Crowe specialists identify key indicators for CFOs to consider to distinguish contingent consideration from posttransaction compensation.