Common risks and opportunities audit committees should consider

With the right investment, an internal audit can do much more than just prepare your organization for an external audit, acquisition or public offering. An intentional approach can yield strategic benefits by providing useful insights, identifying competitive advantages and protecting your company’s assets.

But investing resources in internal audit can be a tough sell to your board’s audit committee. They need to know exactly how this investment will pay off in terms of reducing risk and increasing opportunities.

These key risks and opportunities can help your audit committee see the power and potential of internal audit.

Taking the next step with internal audit

Properly developed, an internal audit function offers multiple benefits to the organization beyond simple compliance, reducing strategic threats and creating opportunities by increasing efficiency and competitive advantage.

With innovations like robotic process automation and access to our highly trained team, your organization can experience better workflow, leverage deep and diverse skills and increase risk management effectiveness.