For more than a decade, I’ve embraced year-end as an opportunity to reflect on the significant events from the previous year impacting internal audit via the headlines that influenced our focus. Reflected in 2023’s headlines is a critical transformational priority for our profession: Moving beyond hindsight to provide insight and foresight.
If there was an overarching theme to the headlines that grabbed our attention in 2023, it was related to the looming compliance risks that will emerge from new regulatory requirements in everything from cyber to the environment to how we ensure the quality of our own audit work.