Rethinking Risk & Internal Audit as Strategic Decision Support
In this article by Tim Leech, he delves into the evolving roles of risk and internal audit functions, exploring how they can transition from their traditional, compliance-focused image to become key decision-support partners for management and the board. Drawing on his extensive experience, Tim outlines the need for change in how internal audit and risk functions operate, emphasizing the importance of aligning with mission-critical objectives to drive better decision-making and organizational success.