With the ever-increasing pace of business change, audit’s functional partners need support on a wider breadth of topics, and chief audit executives (CAEs) are struggling to procure the subject matter expertise that support requires. Seventy-nine percent report that in order to be effective, audit departments must have expertise on a broader range of subjects than before.
CAEs need to build subject matter expertise among their existing teams. Download this report to understand how CAEs can improve audit function strategy and management:
- Motivate staff learning in new domains.
- Provide connections to sufficiently diverse learning opportunities.
- Determine the sufficiency of auditors’ newly developed expertise.