​CBOK Report examines challenges of financial services internal auditing

Demands on internal audit are growing faster than ever as management, regulators, and stakeholders increasingly seek assurance and advice on a rapidly growing array of risks and opportunities.

A new report from The Institute of Internal Auditors Research Foundation, A Global View of Financial Services Auditing: Challenges, Opportunities, and the Future, examines the challenges facing financial services internal auditors on a global level, identifying regulatory requirements, heightened expectations, and increased technology risks among the biggest threats.

“This latest report in the Common Body of Knowledge (CBOK) series provides a provocative and in-depth look at modern financial services internal auditing,” said Institute of Internal Auditors Global Chairman Larry Harrington, CIA, QIAL, CRMA. “Its analysis provides real insight into some of the most vexing challenges the profession will face as it meets growing demands for services.”

Read more at IIA Global

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