Internal auditors should not be deterred by regulatory reforms, but need to give extra scrutiny to risks in areas such as corporate communications and environmental, health and safety regulations, according to a new report.
The report, from the Institute of Internal Auditors, encourages auditors to look more closely at four often-overlooked risk areas. In addition to company communications and environmental, health and safety risks, internal auditors should also devote attention to internal audit’s use of data analytics and the interpersonal dynamics between internal audit and the clients it serves.
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