What would it look like if the human resources team woke up one day and suddenly decided it was going to take over the job of the internal audit function? Would managers somehow be asked to incorporate audit activities into their performance reviews? Would audit become 90 percent training? And more importantly, would the organization find itself less capable of identifying and fixing control risks?
NO, you say! That could never happen! Because everyone knows Internal Audit has a certain highly developed subject matter expertise, and that’s why this must be left to the experts.
