Strengthening Corporate Governance With Internal Audit
A focus on corporate governance offers internal audit the opportunity to become a more active and strategic team player. Recent surveys have shown that management and boards of directors are looking for greater contributions from the chief audit executive (CAE) and internal auditors. Internal auditors can meet the heightened expectations by taking a more holistic view of corporate governance and aligning internal audit skills and activities to assess, improve, and monitor their organizations’ corporate governance capabilities. The CAE must understand all of the components of corporate governance and how internal audit can support them.