Impactful Communications When identifying the one factor that makes their internal audit functions relevant – or provides the most potential in delivering on the goal of relevance – the top choice among CAEs and internal audit leaders and professionals is high-impact reporting. While this finding punctuates the importance of impactful communications, there is more to the high-impact reporting story that internal audit leaders must recognise. Which one of the following areas do you believe contributes MOST to making an internal audit function relevant? What our research reveals Across all organisation types and internal audit maturity levels, using high-impact reporting to deliver and communicate value from and through internal audit’s activities stands out as the greatest contributor to what makes internal audit relevant in organisations. Within lower-maturity internal audit functions, there is greater need to upskill teams in high-impact reporting, and broader communication, capabilities. Reporting excellence hinges on the quality, timeliness and optimisation of most, if not all, activities and processes throughout the audit lifecycle. Explore the results of our research Pro Document Consent Building Internal Audit’s Relevance CAEs and internal audit leaders view high-impact reporting and, more broadly, impactful communications as the top driver to establishing and building internal audit's relevance with the board, senior executives and other stakeholders. Pro Document Folder People and Talent A host of talent and skills-related issues represent significant challenges, and opportunities, for CAEs and internal audit leaders and their teams. Pro Location Globe Impactful Communications When identifying the one factor that makes their internal audit functions relevant, the top choice among CAEs and internal audit leaders and professionals is high-impact reporting. Pro System Security Use of Technology Investments in advanced analytics, machine learning, AI, process mining, automation, and other uses for data and enabling technology are key drivers of internal audit transformation.
