• Starts with purpose and the notion of aligning internal audit activities to the organization’s purpose, vision, and strategy.
• Challenges Internal Audit functions to add Accelerate (a fourth “A”) to the remit to support organizational learning and management action in ways that match today’s pace of change.
• Fully embraces the use of digital technologies to help drive insights, collaboration, quality and productivity.
• Promotes a continuous improvement mindset that enables agility and digitalization through encouraging purposeful and structured focus on incremental improvement.
• Outlines the key principles and building blocks that functions need to consider as they design, build, and evolve their operating models.
For in-house internal audit functions looking to set their future vision, elevate their impact and enhance their performance, regardless of where they are on their journey to internal audit excellence, adoption of IA 4.0 supports internal audit functions from initial design, build of functional processes, assessment of performance and improvement through strategies such as digital, agile, and learning and development. IA 4.0…
