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KPMG: Internal Audit Talent Shortage Challenges Companies, Audit Committees

Companies are struggling to find qualified internal audit talent, as audit departments cope with greater responsibilities while needing additional -- and different -- resources. Corporate management is asking internal audit to find new ways to help achieve strategic objectives. They expect internal audit to extend its role beyond internal controls assessment, and use its quantitative skills and risk knowledge to help improve risk management and processes, and reduce complexity and costs. To mee read more

Full post as published by inside Sarbanes Oxley on December 13, 2007 (boomark / email).