Protiviti has released the 10th anniversary edition of its Internal Auditing around the World publication, examining the pressing issues, new challenges and evolution of internal audit that affect global companies.
Entitled “Building on Experience to Shape the Future Auditor,” the publication profiles 16 global companies from a variety of industries, and explores the ways these organizations have been leaders in how they approach the internal audit function. Throughout the edition, the progression of the internal auditor's role toward a strategic leadership function is a prevailing theme.
"Internal audit is most effective when it's integrated across the organization and engaged in a way that helps to drive and facilitate the overall business strategy," said Protiviti executive vice president of global internal audit Brian Christensen in a statement."The role of the internal auditor has changed dramatically since we started this benchmark series ten years ago. There is a shift in internal audit from looking to the past to being more forward-looking and helping to improve the business."
Protiviti identifies ways that "future auditors" will serve as advisors and strategic business partners who provide even greater value to their organizations by sounding early warning alarms for emerging risks and helping to manage risk, supporting operations and non-financial reporting issues, and improving the flow of information throughout the organization, including leveraging big data and real-time monitoring of business transactions to guide business decision-making.
Companies profiled in the 10th anniversary edition of Protiviti's Internal Auditing around the World include Atlas Air Worldwide, Baidu, Barclays PLC, Booz Allen Hamilton, Estee Lauder Companies, NTT Data and Under Armour, among others.
To download a complimentary copy of the latest edition, or view past editions, click here.