Internal audit: Navigating disruption in 2017
2017 State of the Internal Audit Profession Study
A look at the influences disrupting organizations today… and how Internal Audit can build the resiliency to evolve and increase its organizational value amidst disruption.
Staying the Course toward True North
Despite strong ambition from CAEs to grow their value to the organization, PwC’s 2017 State of the Internal Audit Profession study shows Internal Audit is losing ground in trying to keep pace with stakeholder expectations. In the five years we’ve been tracking this sentiment, 2017 represented the lowest stakeholder perception of Internal Audit value.
Stakeholders, however, remain committed to wanting Internal Audit to play a greater and more value-added role. While few (7%) consider IA to be a trusted advisor today, nearly half (48%) want Internal Audit to be a trusted advisor to the business within the next five years.
So what does the data reveal?
In this third and final installment in the True North trilogy, our 2017 State of Internal Audit Profession Study looks outside of Internal Audit at the influences disrupting organizations today and how Internal Audit can build the resiliency and adaptability to continue to evolve and increase its organizational value amidst disruption.
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