Skip to Content

Anticipating Surprises

Online Exclusives The IIA Apr 16, 2019

Emerging and atypical risks are an opportunity for internal audit, says Jim Pelletier, vice president, Standards and Professional Knowledge, at The IIA.

​The 2019 North American Pulse of Internal Audit study notes internal audit's ability to identify atypical risks isn't keeping pace with the frequency of surprise risks reported by management. How can internal audit help assess these risks?

Boards most commonly turn to executive management for information on emerging and atypical risks, but it's a serious governance concern if they aren't searching for input from others, particularly their chief audit executive (CAE). This represents a clear opportunity for internal audit to position itself as the objective source of information on emerging and atypical risks.

Find your local chapter.

You are attempting to access subscriber-restricted content.

Are You Ready to Experience Everything Internal Auditor (Ia) Has to Offer? Sign in or become a member to gain access to the latest internal audit news and information today.



The Institute of Internal Auditors