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Think beyond your annual audit plan - Whats the bottom line - EY - Global

Think beyond your annual audit plan

What’s the bottom line?

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To create value, CAEs need to develop an internal audit-specific strategic plan that aligns to the organization’s broader business priorities.

By developing a long-term internal audit strategy aligned to strategic business objectives and stakeholder needs, internal audit will be well-positioned to:

  • Manage stakeholder perceptions
  • Create a stronger internal audit brand within the organization
  • Better coordinate across all risk functions
  • Manage the function’s value to the organization, often through the creation of a value charter and scorecard
  • Create a dynamic service delivery model that supports success
  • Deliver high-impact stakeholder communications that demonstrate continued alignment to what the organization identifies as important
  • Maximize its relevance and keep its seat at the table

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