As the world enters a risk landscape that’s more complex and connected than ever before, it’s time for Internal Audit (IA) to shine.
IA is at the heart of trust. It gives companies and their stakeholders confidence in their people, processes, systems and data, allowing them to see risk differently, move faster and make better decisions.
IA has a unique combination of risk-mindset, objectivity and organisational reach. At PwC, we believe that—with the right vision, approach and technology—IA can act as a ‘lighthouse’ to help companies navigate risk and see around corners. This both protects value and casts light on new opportunities for value creation.
IA is the last line of defence, but increasingly the first one called to help.
Playback of this video is not currently available
Use the IIA’s new Global Internal Audit Standards™ to drive transformation and value from your Internal Audit function
PwC helps companies around the world set up, plan, enhance and deliver leading Internal Audit capabilities. What would you like to do?
Plan, develop and structure IA, so that it is the right fit for your organisation—and fit for the future.
PwC Perspective: A bold IA vision - aligned to other governance functions - helps position IA as a pioneer, reduces duplication, increases collaboration, and ultimately strengthens the ‘risk shield’ around the organisation.
IA is increasingly including ESG in their audit plans. PwC is able to use its Connected Risk Engine (CRE) technology to help IA assess and benchmark the maturity of ESG processes in their organisation.
Our assessment covers key areas of an effective ESG framework, including governance, culture and reporting. It can be tailored to compare different parts of the organisation or understand the views of different stakeholder groups.
The output can be used to update your ESG strategy, target areas of higher priority, and gauge the success of investment in ESG. In other words, it can give you a blueprint to help navigate complexity, manage risk, and plan for the next stage of maturity in ESG.
PwC’s CRE tool has over 20 other assessment modules, and this is increasing. These include topics like IA effectiveness, cyber security, and compliance management. To find out more, please speak to your PwC team or use the form below.
Seeing through walls to find new horizons
Learn more
These are examples of the specialist areas that IA draws on to multiply its value to organisations. Click on the links to explore the capabilities and insights in each:
Risk isn't about responding to change. It's about changing the way we see. Shifting our perspective. Considering different angles. Strong risk and resilience capabilities can be the difference between those that thrive and those that fight to survive.