Powered Enterprise | Internal Audit Powered Enterprise | Internal Audit Powered Enterprise | Internal Audit

With organizations being driven to do more with less, the internal audit function has become a prime candidate for meaningful transformation and strategic sourcing. Internal audit should aim to be more dynamic, data-driven and technology-enabled as it delivers enhanced assurance, risk insights and business improvement.

KPMG Powered Enterprise | Internal Audit is positioned to help internal audit teams answer important questions, such as:

• How can I adapt the function to rapidly changing technology and digital acceleration?
• How can I adapt to shifting regulations and social expectations?
• How can I help retain — and attract — talent by implementing new ways of working?
• How can I better manage emerging risks?
• How can I add value amid budgetary pressures and changing operating models?
  

Powered Internal Audit provides businesses with a pre-configured starting point to jump-start their internal audit functions. Achieving the future of internal audit capabilities requires a significant level of investment in skilled resources, methods, training and technical infrastructure.

With technical skills, regulatory knowledge and business acumen — all empowered by data and technology — KPMG firms can help organizations accelerate internal audit transformation.

Powered internal Audit's capabilities include:

• Internal audit approach and governance
• Manage human capital/talent
• Perform risk assessment
• Individual project initiation
• Integrate a risk-based approach into internal audit planning
• Organizational reporting
• Consulting mindset that transitions thinking from problem finders to problem solvers
• Enhance organizational value
• Project reporting
• Individual project execution
• Manage issues and actions

KPMG professionals want to help you move your internal audit function from a problem finder to a problem solver with Powered Internal Audit. With an evolved internal audit function, organizations can develop an agenda to deal with disruption:

• Stakeholder engagement and trust: Internal audit knows its top stakeholders and takes the time to foster a relationship of trust.
• Digital acceleration: Leverage technology with organizational goals in mind and use it to enable program and project-level work.
• Data, analytics and insights: Enterprise data is available and used, and new data is curated by internal audit to provide insights and assurance.
• Strategy and value management: An internal audit strategy considers a mix of enhanced assurance, risk insights and business improvements attuned to stakeholder needs.
• New ways of working: Where services are delivered, competencies and the way audit teams want to work has to be revisited to help retain the right talent.
• Operating model agility: Activities are responsive to disruption, flex with the business strategy and coordinate with other lines of defense.
  

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