PwC’s Global Internal Audit Study: Seeing through walls to find new horizons
The views of 4,680 board members and business executives, and Internal Audit (IA), Risk and Compliance Leaders from 81 countries.
Five themes focused on one thing: what matters to you:
(1) Succeeding in the new risk multiverse
Megatrends are creating risks in new areas that are more connected than ever before and unprecedented in scale and complexity.
This is disrupting all industries and forcing organisations to face a new reality. We call this the new risk multiverse.
PwC’s 26th Annual Global CEO Survey found that nearly 40% of global CEOs do not think their organisations will be economically viable in ten years’ time if they continue with their current strategy.
IA is uniquely placed to illuminate the road ahead, navigate hazards and give organisations confidence to change direction.
(2) Staying relevant
56% of board members and business executive respondents said they want IA involved in management strategy and planning.
They are opening the door to IA to engage differently on risk.
This means tackling new areas that may be strategic to the business—but unfamiliar to IA— such as M&A, ESG and…
