2018 Pulse of Internal Audit: A Profession in Transformation
LAKE MARY, Fla. USA (March 12, 2018) —The IIA’s Audit Executive Center 2018 North American Pulse of Internal Audit survey: The Internal Audit Transformation Imperative was officially released at The IIA’s General Audit Management (GAM) conference being held in Las Vegas March 12-14.
Among other insights, the report, which focuses on how talent, agility, innovation and board engagement are vital for transformation, illuminates opportunities for chief audit executives (CAEs) to become more engaged. The report also warns CAEs to be realistic – successful pursuit of innovation requires vision, time, effort, and a willingness to replace simple but suboptimal internal audit approaches with more sophisticated, effective methods.
“To be an internal disruptor, CAEs need to break out of their historical frame of reference and be nimble enough to pivot, to refocus, and to reposition internally in order to create a path towards agile internal auditing,” said IIA President and CEO Richard F. Chambers, CIA, QIAL, CGAP, CCSA, CRMA. “Decisive moves by CAEs will propel internal audit forward through the transformation required.”
The full report can be downloaded from The IIA Audit Executive Center’s website.
The Audit Executive Center has gathered insight from leaders in the profession through the annual Pulse of Internal Audit survey since 2011. Each survey collects information about established and emerging issues, and other topics of importance to the profession and internal audit management.