Empowering business agility: Strengthening Internal Audit’s impact and value

January 2014
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Observations from the study

  • There are opportunities for IA to assist in program governance, implementing more advance tools, and improving the company’s capabilities to identify, protect, respond and recover from a cyber security event.
  • Although technology-related risks top respondents’ concerns, several business and compliance risks are also on the radar, especially given the aging workforce and increasing frequency of rate-cases and capital projects.
  • Leading internal audit departments stress the importance of “having a seat at the table."

Read the complete findings from PwC's eighth annual survey of power and utilities chief internal audit executives.