Internal Auditing Around the World – Insights From This Year’s Edition

The Protiviti View

Brian Christensen - Protiviti PHX 2012_Low ResBy Brian Christensen
Leader of Protiviti’s Internal Audit and Financial Advisory practice

Now, more than at any time in history, internal auditors are viewed by audit committees and management less as police and more as trusted advisers, strategic partners and consultants. Partly due to the fallout from the 2008 financial crisis, the position is valued more than ever before. Management now looks to leverage internal audit as a strategic resource, recognizing that internal auditors’ broad and deep perspective of operations, risks and potential opportunities can help inform business decision-making.

In its latest edition of the annual Internal Auditing Around the World, Protiviti takes a look at the state of global internal audit practice. We find that many internal audit departments, along with their organizations, are in the midst of significant change and transformation – a period of reinvention. Internal audit teams are rising to the call to become strategic…

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