Internal auditors always talk about adding value. However, most internal audit functions still focus on value preservation or protection rather than value creation. With that said, most internal audit functions want to move towards value creation, but it's easier said than done. Based upon our global research, many internal audit functions believe it’s time to rethink value creation.
Learning Objectives
- Understanding organization’s value creation lifecycle, including defining value, creating value, delivering value and sustaining value
- Understanding organization’s value creation lifecycle, including defining value, creating value, delivering value and sustaining value
- Conducting “value adding” internal audits – some tips for your consideration