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Today's business environment is different. More complex. More connected. Companies face new and unknown risks, but also new and untapped opportunities. Risk Assurance covers a wide variety of topics, all centered around understanding, managing and monitoring exposure to risk to drive enhanced business performance.
It is at the forefront of this change, ready to transform how you perceive - and capitalise on - risk. Don’t be afraid to take bold decisions - but make them knowing the risks with an informed view on how you will respond to them and what impact they might have.
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PwC's Jason Pett - US Internal Audit, Compliance & Risk Management Solutions Leader, and Brian Schwartz- US Internal Audit, Compliance and Risk Management - Financial Services Leader, share top takeaways from PwC's 2017 Risk in review study.
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Our global 2017 State of the Internal Audit profession study shows that internal audit functions are losing ground in trying to keep pace with stakeholder expectations. Stakeholders, however, remain committed to wanting Internal Audit to play a greater, value-added role in the organisation. As the companies they serve are facing unprecedented disruption and change, in order to remain relevant and to help the business anticipate and respond quickly to disruptive events, Internal Audit needs to aggressively prepare and adapt.
An internal audit function with strong capabilities and effective leadership can progress a long way toward becoming a highly valued, trusted advisor to stakeholders.