News | 31 May 2022

Internal Audit Strategy: Focus area five – KPIs and added value

For Internal Audit Awareness Month we look at the final area of our three-year strategy: Key Performance Indicators (KPIs) and added value.

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Internal audit KPIs & added value - image of Ian Morton, Assistant Director for Audit Assurance. Quote reads: "To be effective as an internal audit service, we need to be able to measure those activities that stakeholders really value. "

News | 27 May 2022

Internal Audit Strategy: Focus area four – data analytics

Data underpins our clients’ processes, operations and decision making. The next area of our strategy focuses on developing data analytics.

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Data analytics in audit: image reads - Our five focus areas: Developing data analytics. Ed Martin headshot plus quote "Data analytics can help us to provide more efficient assurance to our clients, based on all the data in a system rather than just a sample."

News | 25 May 2022

Internal Audit Strategy: Focus area three – redesign and modernisation

Carrying out and completing audit work has become increasingly challenging in recent years. Focus area three is all about redesign and modernisation.

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Internal Audit Strategy - redesign and modernisation, focus area three. Phil Jeffrey, Assistant Director for Audit Assurance: "We want to move to a more agile way of working, giving better, quicker and ongoing assurance to our clients."

News | 23 May 2022

Internal Audit Strategy: Focus area two – setting a strategic planning framework

After the introduction to our strategy and spotlight on focus area one, we now explore focus area two in detail.

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internal audit strategy planning framework - "Our five focus areas: Increasing client engagement. "We sum up our area in this focus area with 'right place, right time, every time' - Connor Munro, Audit Manager". Photo of Connor

News | 17 May 2022

Internal Audit Strategy: Focus area one – increasing client engagement

For Internal Audit Awareness Month, we're sharing our new three-year strategy. The spotlight now turns to its five focus areas...

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Internal Audit Strategy client engagement: image of Stuart Cutts, Assistant Director for Audit Assurance "Engagement is wider than just time. The nature of some engagement needs to be strengthened."

News | 9 May 2022

Internal Audit Awareness Month: Shedding light on our new strategy

Internal Audit Awareness Month’s main goal is to promote the work of internal audit - this year we're shedding light on our new strategy.

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Internal Audit Awareness Month - shedding light on our strategy (image of lightbulb)