In the current business landscape, which is both dynamic and intricate, organizations are confronted with an array of risks that have the potential to profoundly affect their operations, reputation, and financial standing. Changing regulatory environments and the emergence of AI have created a new set of hurdles for audit departments within organizations.

With new challenges continuously mounting, risk is often seen as a negative — but that has more to do with siloed auditors who are still seen as the ‘policeman’ of the company rather than an integral part of corporate planning. We asked industry leaders how the evolving relationship between internal audit and governance functions is changing this narrative.

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