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09 June 2016

Internal audit - a key contributor in responsibility for risk

By Tom Ryan

In a recent post-webinar survey of over 70 organisations, we collected some key findings which aim to set out Enterprise Risk Management’s (ERM) position across these organisations.

When asked about where they would place their organisations on the ERM maturity journey, only 8% of respondents said their organisations are at a full ERM level now with the expectation to increase to 54% in 5 years’ time.

When it comes to responsibility for risk, 45% of our respondents said that internal audit is a key contributor with the audit function involved in an individual or combined role.

“Who Owns Enterprise Risk?”

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