Strengthening internal audit effectiveness

摘要: On a routine basis, companies measure and quantify the performance effectiveness of their business activities. In same manner, internal audit needs to demonstrate its own using measurement system tied expectations key stakeholders. Only by circling back stakeholders regularly tracking against board, senior management operating management, an function can satisfy for increased scrutiny more demanding expectation. To achieve this, we recommend balanced scorecards, which go well beyond numbers examine important, broad-based The scorecard concept, based on simple premise that action areas described above is committees auditors - high-level framework assess effectiveness. Unless organization adopts each comprehensively, it runs risk having may fail meet new, higher this governance activity.