Regional Reflections: Latin America
10 Highlights From the 2015 CBOK Practitioner Survey
Written By: Arthur Piper

Download Your Complimentary Copy Today

Regional Reflections: Latin America is a customized research report that provides a Latin American perspective on the findings from CBOK 2015, the largest ongoing study of internal audit professionals in the world.

Building on the 10 imperatives for internal audit that were presented at The IIA’s 2015 International Conference, this report highlights unique concerns for Latin America and provides insights from internal audit leaders in the region.

In many ways, internal auditors in Latin America perform well in comparison with their colleagues around the world. They have strong relationships with stakeholders, often align well with the strategic objectives of their organizations, and have high levels of expertise in automated audit technologies.

But opportunities for improvement exist, according to the findings. Too few chief audit executives (CAEs) primarily report functionally to the boards of their organizations, a situation which can compromise their departments’ performance. Latin America needs a larger number of boards, and those boards also need to be effective and supportive of internal audit.