Switzerland

Details

  • Service: Advisory, Consulting, Internal Audit, Risk and Compliance Services, Audit
  • Type: Business and industry issue
  • Date: 7/7/2014

Transforming Internal Audit Through Critical Thinking 

In an uncertain and challenging economy, organizations are seeking an approach to internal audit that goes beyond reviewing past activities. Instead, they want internal audits that are insightful, forward looking, and go beyond preserving value to creating value on a departmental, divisional, or organization-wide level.
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Critical thinking is many times a cultural shift for internal audit. It can deliver the value creation being sought, and expand or develop the positive perception of the department across the organization. When implemented, full maturity should reach the point of internal audit being frequently invited to participate on steering committees, task forces, and strategic initiatives.
 

Internal Audit, Risk and Compliance Services

Corporate governance is crucial to companies' sustained development and success. IARCS integrates corporate governance from the areas of internal audit, internal control, risk management and sustainability.