Posts Tagged “compliance”

Even as assurance and compliance responsibilities are expanding for internal auditors, a significant shift in their strategic duties is on the horizon, according to a new survey.

More than half (54%) of respondents expect that in the next two years, internal audit’s primary mandate will be providing stakeholders with business insights and serving as a strategic adviser to the organization, according to EY’s Global Internal Audit Survey 2013.

Less than one-third (28%) of respondents said playing that strategic role is currently the primary mandate or focus of internal audit. More than 500 chief audit executives (CAEs) and audit committee members participated in the survey.

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