Internal Audit In Brief: Being relevant in times of change

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Internal Audit In Brief: Being relevant in times of change

With much of the burden for risk and control residing in many companies with Internal Audit and Finance departments, Internal Audit should be more focused on those activities that will add more value to the organization. Internal Audit has a key role to play in assessing information flows, their accuracy and the adequacy of summarization, presentation and consumability. Also, treasury risk management and, in particular, the ability to generate funding when required, have been key areas of increasing focus for commercial organizations in recent times.

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