Leadership matters: Advancing toward true north as stakeholders expect more
PwC's annual survey results make clear that a focus on leadership will increase internal audit’s value contribution and help the broader organisation address emerging risks.
In today’s environment of increasing uncertainty, internal audit must have the dual ability to deliver against a complex, ever-changing set of business risks and to progress toward a steadfast vision for the function.
PwC’s 2016 State of the Internal Audit Profession Study gathered insights globally from more than 1,600 chief audit executives (CAEs) and their stakeholders, including senior management and board members.
We are proud to announce that Namibia participated in this global survey for the 3rd time in a row.
Overall, 62% of stakeholders expect more value from internal audit, but stakeholders can’t always define exactly what they want or need. Many of them simply don’t understand what’s possible from internal audit. And that gives CAEs an opportunity to work with stakeholders to shape the mandate that will provide the value that stakeholders expect and deserve.
True north is a fixed, orienteering point, an unchanging vision – and any journey towards true north must be guided by effective leadership. Leadership matters.
Country Senior Partner Email: email@example.com
Advisory and Risk Assurance Services Leader, Namibia Email: firstname.lastname@example.org
Partner, Risk Assurance Services, Namibia Email: email@example.com
Birgit de Lange
Senior Manager, Internal Audit, Namibia Email: firstname.lastname@example.org