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Newest internal audit poll calls for focus on disruption

Tammy Whitehouse | March 21, 2017

If there’s a point to internal audit beyond fulfilling a compliance requirement, it seems as if corporate America is still trying to figure it out.

PwC’s 13th annual study on the state of the internal audit profession says internal audit is losing ground in meeting the expectations of key stakeholders. In 2016, 54 percent of those responding to PwC’s poll said they regarded internal audit as adding significant value to the organization. In 2017, that number has dropped to 44 percent, the lowest level PwC has recorded in the past five years.

Even among those who say they get significant value out of internal audit, half of those stakeholders said they...

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