MILWAUKEE, Nov. 15,
2023 /PRNewswire/ -- In an effort to understand
key factors and concerns impacting U.S. Internal Audit executives,
Jefferson Wells, the Finance &
Accounting, Internal Audit, Risk & Compliance, and Tax
professional services firm and part of the ManpowerGroup (NYSE:
MAN) family of brands, announced today results from its seventh
annual Internal Audit Priorities survey. While Cybersecurity
remains the number one risk, two others have moved into the top
four—Strategic Risk and IT Deployment, Strategy and Governance.
Supply Chain disruption/third-party risk remains as one of the top
four.
IT audit, cybersecurity and data analytics are the top three
competencies most difficult to develop and retain for Internal
Audit leaders. These are critical skills as Internal Audit dives
deeper into cybersecurity and partners with the CISO community to
control and remediate risks.
Growing technology complexities and associated risks are
certainly on the minds of Internal Audit leaders as IT Deployment
Strategy & Governance (9%) and AI (14%) had the largest
increases year over year. Shirley
Criddle, VP of Advisory services at ManpowerGroup, stated,
"Our internal audit team is immersed as a partner with the business
in technology transformation projects from the beginning so they
can learn and identify areas of risk earlier, making audits more
effective."
The majority of respondents include an assessment of
ESG/Sustainability activities and reporting in their audit plan and
are using the COSO ICSR sustainability reporting framework.
Jefferson Wells National Practice Director for Risk &
Compliance, Tim Lietz, noted that
"Although ESG/Sustainability fell down in priority from a risk
perspective, it is still very high on companies' radar on reporting
for their clients and for some could become a reputational
risk."
Talent Attraction and Retention risk drops in priority as
economic headwinds slow down hiring. However only 3% of internal
audit leaders show a planned decrease in FTEs, highlighting the
long-term viability of internal audit as a career even in economic
downturns.
For key findings and the complete 2023 Internal
Audit Priorities survey
results, visit www.jeffersonwells.com.
ABOUT JEFFERSON
WELLS
Jefferson Wells is a professional services
firm delivering solutions
in Finance & Accounting, Internal
Audit, Risk & Compliance, and Tax. We provide
consulting, thought leadership, integrated resourcing, and
executive
search. Jefferson Wells is a part of the ManpowerGroup
family of companies.
For more information, visit https://www.jeffersonwells.com or
follow us on LinkedIn.
ABOUT MANPOWERGROUP
ManpowerGroup®
(NYSE: MAN), the leading global workforce solutions company, helps
organizations transform in a fast-changing world of work by
sourcing, assessing, developing, and managing the talent that
enables them to win. We develop innovative solutions for hundreds
of thousands of organizations every year, providing them with
skilled talent while finding meaningful, sustainable employment for
millions of people across a wide range of industries and skills.
Our expert family of brands – Manpower, Experis, and Talent
Solutions – creates substantially more value for candidates
and clients across more than 70 countries and territories and has
done so for 75 years. We are recognized consistently for our
diversity – as a best place to work for Women, Inclusion, Equality,
and Disability, and in 2023 ManpowerGroup was named one of the
World's Most Ethical Companies for the 14th time – all confirming
our position as the brand of choice for in-demand talent.
For more information, visit www.manpowergroup.com, or follow us
on LinkedIn, X (formerly Twitter), Facebook, and
Instagram.
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SOURCE ManpowerGroup