Internal Audit Tackles Emerging Risks
March 31, 2011
Is your internal audit team prepared for emerging risks? Protiviti's Bob Hirth discusses the findings of his firm's 2011 Internal Audit Capabilities and Needs Survey and weighs in on the future supply of internal audit expertise, given the global talent shortage that some commentators claim is on the horizon.
Risk Chat: Internal Audit Tackles Emerging Risks | Source: The Big Fat Finance Blog.























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I was surprised and pleased
I was surprised and pleased by how “right on” the respondents were in the first section of our study, on risk management and governance. Their top choices for the things that need improvement — emerging risk, risk-appetite-related concepts and strategic risks (that is, risks embedded in a company’s strategy, through various assumptions and biases) are exactly right and really current, based on our experience.