Internal audit faces rising compliance demands and costs, survey finds

03/26/2014 | CGMA Magazine online · Accounting Today

Regulatory compliance responsibilities are driving up internal audit costs for many organizations and are seen as diverting resources that could be focused on strategic risk, according to a survey by Grant Thornton. An IIA survey released earlier this year saw strategic business risk ranked as the top priority among management and many audit committees.

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CGMA Magazine online · Accounting Today

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