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15 ways internal auditing departments are adding value.
From:
Internal Auditor
| Date:
April 1, 1994| Author:
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COPYRIGHT 1994 Institute of Internal Auditors, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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Organizations under pressure to cut costs and boost profits are increasingly relying on the internal auditing function for help in achieving these objectives. Auditing departments all over the country are meeting the challenge to add value in various ways. Their strategies include making auditing more collaborative, serving as a catalyst for change, employing self-assessments to encourage auditor involvement, recruiting business staff to bring the auditing function closer to the organization's operation, giving auditors special assignments, focusing on business risk, and expediting release of ...
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