The majority of chief audit executives anticipate that the resources and budgets for their internal audit departments will either increase or stabilize next year, according to a new survey.
The latest Pulse of the Profession report from the Institute of Internal Auditors surveyed 545 chief audit executives and internal audit directors at companies and found that 41 percent anticipate an increase in their resources in the coming year, the highest percentage of internal audit departments since 2008. Fifty percent said they expect their budgets will remain stable, and only 9 percent expect their budgets to drop, the lowest decrease percentage since 2008.
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