Like daffodils blooming in springtime, the latest crop of internal audit studies reveal some promising insights into the trajectory of the profession and suggestions to build more momentum.
The debate centers around a key finding in PwC’s annual “state of internal audit” study, which revealed that roughly half of those who have a stake in what internal audit provides see “significant value” in the internal audit function. That suggests, of course, roughly half also do not see significant value emerging from internal audit.
“We saw that as a glass half full instead of a glass half empty,” says Mark Kristall, an internal audit partner at PwC focused on compliance and risk management solutions. Elsewhere in the... To get the full story, subscribe now.