Conduct Internal Corporate Governance Audits to Best Manage Your Enterprise Risk
-->
The internal audit profession has undergone significant changes over the last three decades. For example, previous internal audit plans of credit unions (CUs) involved extended deep dives and large sample selections. Today, internal audit plans are based on risk and sample selections are based on controls. This change has allowed internal auditors to focus on the big picture and address the biggest risks first – a critical shift that has mitigated challenges presented by chronic understaffing. Furthermore, evolving examiner expectation...
Want to keep reading? This content is for subscribers only.
Login
Subscribe
