While internal audit’s overall resources remained mostly stable throughout the period of disruption in 2020, auditors are focused on ramping up these resources to address cybersecurity and other rapidly emerging risks for the remainder of 2021.
In addition, a heightened regulatory environment and dramatic increases in government spending will likely add to the crowded risk portfolios of organizations across all sectors. If internal auditors are to remain risk-centric in the face of new and emerging risks, they will need not only increased resources, but a strong emphasis on agile risk management practices.
Written by Richard Chambers, Senior Internal Audit Advisor at AuditBoard and former CEO and President of The Institute of Internal Auditors, this report will explore the top seven critical risks auditors are focusing on for the rest of 2021, as well as how auditors can begin to confront these risks strategically. You will learn:
- Factors contributing to a positive forecast for internal audit resources.
- The top seven risks CAEs are focusing on for the rest of 2021.
- How to approach these risks from the perspective of an agile audit leader.