Internal Audit Survey 2012
The goals and expectations set for the Heads of an Internal Audit Department should reflect today’s dynamic and competitive business environment. While reaching the goals set by management, the Heads of Internal Audit Departments are taking a deep dive approach to their company’s strategic management processes, consulting management on the matters of business process optimization, developing various team competencies including those related to information technology, as well as risk management and industry specific business processes.
The top management of Lithuanian companies remain favourable towards the establishment of internal audit departments. Management is keen on obtaining a strategic, big-picture assessment of the company’s internal control based on risk assessment and professional consultations related to the efficiency improvement as well as performance optimization.
This survey was performed by Deloitte Lithuania in June, 2012. Its main objective was to obtain information about Internal Audit Departments across the largest companies in Lithuania and to compare the results with those of the similar survey performed in 2010.