Internal Audit Stakeholder Management and the Three Lines of Defense
Stakeholders are key to the success of an internal audit function.
From the board of directors to the audit committee, from regulators to outsourced suppliers, internal audit deals with a varied range of stakeholders that are integral to an effective internal audit function. If internal audit doesn’t get this right, then there could be a negative effect on a firm’s corporate governance. But the other two lines of defense are an important part of this equation, and a strong, two-way relationship can be mutually beneficial.
Join this webcast to explore:
- Enabling internal audit to leverage the benefit of these relationships
- Identifying the most important stakeholders and the differences in approach, depending on the audience
- Determining the frequency and format of internal audit communications
- Understanding the changing relationship between internal audit and the other lines of defense
- Meeting the expectations of internal and external stakeholders
- Managing the conflict inherent in internal audit’s relationship with regulators
- Assessing how the culture of the organization changes internal audit’s approach
- Noah Gottesman, Audit Advisory & Innovation Director at Thomson Reuters
- William Watts, Partner at Crowe Horwath’s National Internal Audit Practice