Internal audit teams, apart from being the third line of defence, are adding tremendous value in the current scenario by shouldering additional responsibilities entailing the identification of threats, vulnerabilities, disaster management and business continuity thereby ensuring that the incidence of business, strategic, operational, financial reporting, reputational and information technology risks are minimised as the pandemic situation continues to persist.
Download and read an insightful piece on Internal Audit and its collaboration with Internal Financial Controls Over Reporting, Enterprise Risk Management, Information Technology General Controls and Artificial Intelligence for enhancing its effectiveness.