KPMG CAE Share Forum: Internal Audit’s Role in Managing Disruption Across the Organization

The internal audit (IA) function is often thought of as the mirror to its greater organization. Anything that affects the business functions, from disruptive technologies to economic conditions, will be reflected through its internal audit group, and vice versa. In today’s ever-changing business environment, including the rise of generative AI, ESG regulations, the anticipated impact of the IIA’s new standards, and economic and political uncertainties, companies will no doubt rely on their IA departments to plan for unforeseen risks—and diagnose ways that the organization can improve business performance.

Given this symbiotic relationship and the influence that the IA function can play on the future of business, how can CAEs effectively assess risk and help the organization proactively manage disruption?

Join us for an interactive discussion featuring a panel of CAEs across various business sectors who will reveal how they envision the IA function can provide value in a world of disruption.

Discussion topics will include:

• The vital opportunity that the IA function can play in identifying and managing internal and external risks

• IA’s role in embracing emerging technologies such as ChatGPT, generative AI, and data and analytics tools

• The IIA’s recently-published proposed standards and how the impending final standards, which are tentatively due to publish at the end of 2023, may affect the future of IA

• How the IA function can work alongside the second and third lines of defense to proactively manage risk

• Use cases on how the IA function can effectively provide insights to key stakeholders and prove its integral value to the business

Who should attend? In addition to IA executives, this share forum will be of great value to professionals in other business functions that may rely on IA’s insights, including executives in the following:

• Risk and compliance

• Data, technology, and information security

• Procurement

• Finance

Our panel’s diverse points of view will provide a multitude of insights of use cases, key learnings, and leading practices that can potentially inspire your IA function to calibrate itself in a world of constant disruption.