In our study, stakeholders and CAEs
generally agreed on the tangible outputs
of a well-led internal audit function. Topranking
outputs included executing a
business-aligned strategic plan, providing
insightful root cause analyses of issues,
and executing the audit plan according
to a business-aligned timeline. It sounds
somewhat simple to check the box on
these. It’s much easier said than done.
Stakeholders are looking for heightened
levels of performance in these areas that
may seem “obvious” at first glance. In