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Thomson Reuters AutoAudit® DRIVE DEEPER INSIGHTS 2 For internal audit: » Liberate audit teams from manual tasks » Enrich the dialogue with the business » Enhance the quality of internal audit reports » Engage proactively with your board audit committee » Contribute to business operational excellence Facing new challenges on multiple frontiers The world is rapidly changing for today’s internal auditors, whose roles are evolving from cop to counselor. No longer do internal auditors wait for issues to emerge in their traditional role as the third line of defense. Today’s internal auditors are proactively engaged with the business – the first line of defense – working in collaboration to ensure the organization is functioning properly. The business now looks to internal auditors to provide advice and insight into how processes and controls could be improved. More than ever, the board of directors – working through the audit committee – puts its trust in the internal audit team to provide assurance around existing risks. The board and senior management are also looking to internal audit to better understand organizational resilience and gain insight into both potential vulnerabilities and opportunities. These changes to the role of internal auditor are being As a result of these changes, many internal audit teams driven by a wide range of issues that companies of are turning to technological solutions to improve the all types are grappling with. S