Understanding, experience and technology for success
The Chief Audit Executive (CAE) and his team of internal auditors have a clear mandate - sharpen their focus on business risk and add value by being more risk-centric. Evolved from an objective assurance and consulting activity, IA will address the growing needs of global organizations and meet the new expectations of investors and board members.
Based on our engagements with several large organizations relying on MetricStream solution for managing its audit, risk and compliance processes, five key trends we observe are:
These trends are driving sweeping changes that will require auditors to redefine departmental agendas and pursue a unified value proposition of internal audit so that their roles and departments are recognized as strategic players.