Increasing demand for internal audit functions to take broader and more strategic roles within organisations makes evident the high profile that internal audit has with executives and boards today. As a result of this increased profile, internal audit departments and leaders are searching for ways to broaden their skill sets and scope of influences. Today’s leading internal audit functions ensure their organisations becomes more innovative and explore new technologies, identify and mitigate emerging risks, develop creative solutions to complex business challenges and encourage best practises to enhance business functions.
Protiviti is a global leader in internal audit solutions and one of its key features is that it is not an audit/accounting firm. There is never an independence issue in the work Protiviti does for clients and therefore Protiviti is able to utilise all of the resources on hand to work on internal audit project—allowing the best experts in various functional and process areas to be brought on for specific engagements. In addition, Protiviti can conduct an independent review of an organisation’s internal audit function; a requirement under standards from the Institute of Internal Auditors (IIA).