The Global Internal Audit Standards, effective from January 2025, outline new excellence measures, which emphasize measurable outcomes, alignment with enterprise strategy, and newly introduced mandatory areas such as cybersecurity and third-party governance. A recent Boston Consulting Group study found that only 5% of companies are ready for the future, but the new measures allow audit leaders to shape AI governance for businesses, delivering measurable enterprise value and strategic advancements.
Internal audit is at a defining moment. Boards no longer settle for compliance; they expect foresight, governance, and measurable impact. The Global Internal Audit Standards, effective January 2025, redefine what excellence means, emphasizing purpose, mea...
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