PwC notes that some very effective internal audit leaders have taken to renaming the internal audit function (e.g., to audit services) to rebrand it as a collaborative functions that partners with the business.
Seeing clear and strategically
"It's through close alignment with various stakeholders and owning internal audit's role as a leadership function within the organization that can allow internal audit to help their companies keep up with the changing business and risk landscape," Pett said. "But all this can't be said and done without a clear vision, supported by a strategic plan and enabled with top talent.
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