Protiviti’s notion of the “future auditor” was introduced to the board community last year. It called for chief audit executives (CAEs) and their functions to strive to become more anticipatory, change-oriented and adaptive. Recently, the world’s largest ongoing study of the internal audit (IA) profession—the Global Internal Audit Common Body of Knowledge (CBOK)—was conducted by the Institute of Internal Auditors (IIA) and Protiviti to determine expectations from key stakeholders regarding internal audit performance.

In this issue of Board Perspectives: Risk Oversight, we share input from audit committee directors in a global survey regarding their expectations of, and the implications of those expectations for, internal audit.