Elevating internal audit on the boardroom agenda
UNWALA, HUZEIFA
Elevating internal audit on the boardroom agenda - 2013 - 65-68
Generally, it is perceived that internal auditors do not add value to business as internal audit is a tick in the box exercise. This expectation gap can be bridged through annual strategic risk assurance exercise conducted by the internal auditors. Assessing or not assessing these strategic risk brings its own costs in the form of missed business opportunities and a high cost of failure.
AUDITING
657.45
Elevating internal audit on the boardroom agenda - 2013 - 65-68
Generally, it is perceived that internal auditors do not add value to business as internal audit is a tick in the box exercise. This expectation gap can be bridged through annual strategic risk assurance exercise conducted by the internal auditors. Assessing or not assessing these strategic risk brings its own costs in the form of missed business opportunities and a high cost of failure.
AUDITING
657.45