Study Launched on the Strategic Role of Internal Audit

June 2, 2010 - PRLog -- Vonya Global is surveying a cross-section of Executives and Internal Auditors from both public and private organizations in a variety of industries to evaluate their opinions regarding the strategic role of internal audit.  This is a follow up study to one conducted in 2008.  The results of the 2008 study revealed a expectation gap in the strategic role internal auditors play in their organizations.  This follow up study will compare how expectations may have changed in light of continued risks of fraud, financial statement errors, environmental risks, security breaches, and privacy concerns.

One executive from the previous study stated the following: "Internal Audit could improve its capabilities in evaluating the effects of strategic and business risk on the overall risk profile of the Company. This would also enhance the primary mission of internal audit to look for potential financial issues.” This statement, along with many others, reveal the importance of internal audit becoming more than a financial compliance function.  The results of this new study will highlight whether or not internal audit has taken steps in this direction.

To participate in the study, please visit the Vonya Global website: http://www.vonyaglobal.com

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Vonya Global is a consulting firm specialized in providing internal audit, internal control, and risk assurance services. Having locations throughout the world, Vonya Global serves as a value added alternative to the large accounting firms.