Disrupting internal audit and risk management functions in the TMT sector
Disrupting internal audit & risk management in TMT
The top considerations for risk and internal audit functions in the TMT sector in 2017, including the main risk and internal audit issues
Digital technologies, the rise of mobile commerce and changing consumer behaviour continue to drive transformation in the technology, media and telecommunications (TMT) industry. Providers are focusing on innovative offerings, managed services and cloud services for growth, while also capturing revenue opportunities from new ways in which services are consumed. At the same time, there is an increased focus on optimising operating costs and changing their business models, in part through transformation initiatives designed to improve efficiency, while enhancing the effectiveness of back-office functions.
So how should risk and internal audit functions respond to this changing environment and continue to remain effective? This paper discusses some of the considerations that should be top of the agenda for 2017, including building an effective risk management system, the top five imperatives to help develop a basic risk management framework, the top risk considerations, as well as the top 10 internal audit considerations.
© 2023 KPMG Huazhen LLP, a People's Republic of China partnership, KPMG Advisory (China) Limited, a limited liability company in Chinese Mainland, KPMG, a Macau (SAR) partnership, and KPMG, a Hong Kong (SAR) partnership, are member firms of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.
The KPMG name and logo are trademarks used under license by the
independent member firms of the KPMG global organisation.
For more detail about the structure of the KPMG global organisation please visit https://home.kpmg/governance.