In life since the Sarbanes-Oxley Act of 2002, there has been a shift from fundamental internal controls to SOX compliance. Pre-SOX, most internal audits focused on improving operations and overall performance while reducing costs. Internal audit engagements were much more consultative in nature and line managers looked at the internal audit results to help streamline and improve maligned operations. This webinar will help reassess the value of an internal audit and its return on your investment.
At the conclusion of this course, participants will be able to:
- Determine how a focus on operational effectiveness and efficiency will provide value to their organizations
- Develop customized organizational plans for reducing costs and improving overall performance utilizing internal audit as the facilitator.
- Utilize the solutions provided to rebalance the efforts of their organizations between SOX compliance and operational auditing.
Presenters: Doug Farmer, a leader on Plante & Moran’s internal audit team