Evolving practices in internal audit

December 2022

As business, regulatory, and risk environments evolve and become increasingly complex, internal audit (IA) must also evolve. In addition to providing objective assurance, internal audit teams are increasingly playing a consultative role within large companies.

In the fall of 2022, Tapestry Networks convened four in-person and one virtual discussion with audit committee chairs of nearly 100 large US public companies, as well as top audit and risk executives from many of these companies. The following EY experts joined these discussions on evolving practices in internal audit:

  • Lisa Hartkopf, Americas Risk Markets Leader for the Consumer Sector
  • John Hudson, Principal, Enterprise Risk Consulting Services
  • Elizabeth Logan, Principal, Real Estate, Hospitality, and Construction Consulting Practice
  • Justo Villasmil, US East Region Enterprise Risk Competency Leader