Spending Review – An opportunity or a threat for internal audit?

For too long internal audit functions have allowed themselves to become the poor relation – when the executive seek advice on performance or structural transformation they pick up the telephone and call in the specialist consultant.

Why not reinvigorate internal audit to ensure that their activities compliment those of the organisation and ensure that their approach considers the structural and value for money elements of service delivery in the functions they look at year in, year out.

An untapped resource – that if properly channelled can yield cost savings for years to come.