Audit Managers are accountable for monitoring risks and ensuring compliance across organizational silos and the role is evolving into a horizontal function. This requires a common framework for all types of audits - financial, risk, operations, internal, suppliers, and compliance. Auditing priorities are determined by an enterprise-level risk-based approach and not by departmental and tactical imperatives.
Fortune 500 Semiconductor Manufacturer Centralizes Audit Management, Strengthens Visibility into Audit Activities and Data across Multiple Countries
2018: Key Challenges, Priorities and Opportunities for Internal Audit
State of Internal Audit 2018 - Impact and Opportunities