Can Internal Audit Help Build Business Resilience? Protiviti Shares Stories of Persistence, Agility and Going Beyond Limits to Do That, in the Latest “Internal Auditing Around the World”

What do Booking Holdings, Centene Corporation, DBS Bank, GlobalFoundries, Grupo Bepensa, Inchcape, Standard Chartered and TrueBlue have in common? All these companies have internal audit departments that have taken on a mission of helping their organizations overcome pandemic-caused challenges and become more resilient by embracing next-generation internal audit technologies, tools and methodologies. In the just-released 17th edition of its Internal Auditing Around the World® profile series, Protiviti shares their stories through in-depth interviews with chief audit executives from some of the world’s most well-known companies. The compilation highlights the pivotal role played by internal audit organizations in helping companies build and maintain business resilience during the chaos and uncertainty of the last year. This is especially true for internal audit functions that had already taken steps before the start of the pandemic to create a next-generation internal audit organization.

The book, titled “Going Beyond Limits to Build Resiliency,” represents a mix of countries and industries. We interviewed audit leaders from 13 organizations, and we presented their experiences as case studies in the book. For this year’s edition, we asked leaders how they have dealt with the business challenges of the last 12 months and what effects their actions have had on their companies and their roles within them. You can read their stories here.

“This year’s report shows internal audit leaders who, through their agile handling of the COVID crisis, have become trusted advisors to the business, providing leaders with valuable insights into the organization’s state of resilience and the health of its corporate culture as well as key business issues. Although the transformation journey for the profession is not yet over, the pandemic has been a catalyst for launching the internal audit function into the higher-profile areas of the business. The challenge now for CAEs and their teams is to continue building on this momentum.”

– Brian Christensen, Executive Vice President, leader of Protiviti’s global Internal Audit and Financial Advisory practice

To access a complimentary copy of this year’s edition and to view past editions of Internal Auditing Around the World, please visit www.protiviti.com/iaworld.

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