In terms of efficiency, companies achieve the best outcomes when the work of internal and external audit teams is aligned. Justin Gwin makes the case that internal audit can be leveraged, in fact, to reduce external audit fees. Herein he explores just how that can be accomplished and shares how this benefits companies in the long run.

The profession of internal audit is evolving. Its role within organizations across the globe is expanding to address the changing risks companies are now facing and provide assurance regarding board members’ biggest concerns. This article addresses the importance of paying close attention to corporate culture.