Evolving Role of CAE: From Strategic to Tactical... And Back Again
Recorded Webinar
Time: 10:00 am - 11:00 am PST
Speakers:
Wade Lindberger, Director of Corporate Governance Services, RoseRyan, Inc.
Dipak Shah, Founder & CEO, Reliant Solutions
Overview:
The role of the Chief Audit Executive (CAE) is evolving, but the methodologies and tools used by CAEs have been slow to change. Since 2002, Internal Audit has become a compliance function in many companies.
CAEs that used to provide broad-based risk assessment and process oversight are now knee-deep in internal controls, scrambling each audit period to minimize unfavorable results from external auditors. With the pressures of mounting industry and financial regulations, shorter audit periods, budget cuts and greater scrutiny by executives and the Audit Committee, CAEs must find better ways to manage the audit process if they expect a seat at the executive table. This webinar will address some of the challenges forcing CAEs into a tactical, reactive mode, and will give examples of strategic opportunities that CAEs can and should tackle in order to add greater value to the business. It will also describe the critical role of automation in helping CAEs, and the Internal Audit function overall, to achieve this strategic impact.
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