REINVENTING internal audit

Leech, Tim J.
April 2015
Internal Auditor;Apr2015, Vol. 72 Issue 2, p47
Academic Journal
The article discusses the shifting governance landscape and evolving stakeholder expectations that are causing internal auditors to revisit the profession's traditional methods. Topics include developments such as increased board risk responsibility following the 2008 global financial crisis, the creation of the Financial Stability Board (FSB) and its "Principles for an Effective Risk Appetite Framework," and the decline in management satisfaction with traditional internal audit services.


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