The third and final report in a series from the Internal Audit Foundation and Deloitte details how internal audit can practically apply audit techniques within its own function, at the enterprise level, and among stakeholders to support management in achieving its DEI objectives.
This generally can be accomplished by providing insight into cultural risks, assessing DEI initiatives, and leading by example.
The top three takeaways:
- Assess internal audit-specific DEI programs.
- Evaluate internal audit’s recruitment, learning, and development activities.
- Help design a DEI road map for internal audit.
Don’t Forget the Pulse Check
The Chief Audit Executive should determine if the internal audit function is leading by example. Learn to ask the five essential questions senior internal audit leaders can ask to assess the extent to which the function is engaging in and measuring the impact of DEI initiatives.