Audit leaders must address talent management risks.
As companies begin to ask employees to return to the office, many internal audit functions are facing a new risk – auditors who don’t want to come back or who leave as part of “The Great Resignation.” It’s a risk that could cost internal audit expertise, delay audits, increase costs, and distract audit leaders from their responsibilities. Being proactive in addressing new work styles and preferences is key to retaining staff members and ensuring that assurance work is completed.