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Surveys, papers provide plenty of advice for internal auditors

Tammy Whitehouse | February 26, 2016

Like Crocuses blooming in springtime, a whole crop of surveys and studies have emerged in the past few weeks to give internal auditors and others tied to corporate reporting some new insights on where to find performance and reporting improvements that stakeholders are demanding.

From KPMG and Forbes, a survey of more than 400 CFOs and audit committee members reveals a gap between the value they seek out of the internal audit function and the value they actually receive. Nearly 60 percent said they would welcome help in assessing risks and risk-managing practices, but only 22 percent said they get that from internal audit; 36 percent said they would like to see an informed perspective on emerging risks coming from the internal audit shop, but only 5 percent actually see it.

The...

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