Internal Audit Strategic Planning: A Blueprint for Your Value Creation Roadmap

In permacrisis, risks are a moving target and organizational goals can turn on a dime. Where our organizations are now isn’t where they’ll need or want to be in three to five years. Internal audit strategic plans are a key mechanism by which we can create roadmaps that help us support our organizations in getting where they need to go. The need for an internal audit strategic plan is no longer a matter of debate: Standard 9.2 of The Institute of Internal Auditors’ (IIA’s) Global Internal Audit Standards now mandates that CAEs must develop and implement strategic plans that support their organizations’ strategic objectives and success. Richard Chambers breaks down why strategic plans are so critical, and how can you go about creating one.