Chief executives are intending to upgrade
their internal audit departments, according to a study by
PricewaterhouseCoopers Global (PwC).

Chief executives are looking to upgrade their
companies’ risk management capabilities as it is still a very
challenging business environment, the report said.

The most important area identified was
aligning the purpose of internal audit with the interests of
stakeholders, and reforming staff to match those interests.

The study was based on a survey of 2,000
executives across 50 countries.