Tom O’Reilly is the Field Chief Audit Executive and Connected Risk Advisor at AuditBoard. In his role, Tom collaborates and shares Internal Audit and Connected Risk strategies and tactics with the AuditBoard Community and customers to help improve the practice of Internal Audit.
Many Internal Audit teams are reviewing their current practices to comply with the Institute of Internal Auditors’ new Global Internal Audit Standards. Meanwhile, other teams are leveraging these updated standards to enhance their operations and exceed stakeholder expectations. Initial gap assessments have not only led to necessary documentation updates but also offered opportunities for Internal Audit teams to expand their mandate, resources, and to improve the quality of Internal Audit activities.
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