Internal audit functions in highly regulated industries face unique challenges and opportunities.
With the right resources, internal auditors working in highly regulated industries can tackle the challenges that come with it.
Internal audit functions operating in highly regulated industries, such as financial services, face great scrutiny by regulators because of their key role in preserving the financial resources of investors and consumers. Professional practice, stakeholder collaboration, and risk prioritization are three areas in which internal audit can shine in these intense environments.