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Inflation Makes a Comeback

Articles ​Logan Wamsley Apr 26, 2022

Rising inflation and interest rates pose risks for financial service firms and internal auditors.

Inflation is at levels not seen since the 1980s, raising risks such as higher interest rates for financial service firms that internal audit can help address. Auditors can help management assess the changing risk landscape, including economic assumptions that may no longer be relevant. Moreover, they can help identify the opportunities that a high-inflation market may bring.

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​Logan Wamsley

Associate Manager, Content Development, The IIA

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