Middle East: Internal audit needs to take lead in risk awareness - PwC

May 2013
MiddleEast Insurance Review;May2013, p10
Trade Publication
The article presents results of the survey of multinational services firm PricewaterouseCoopers LLP (PwC) on the importance of internal audit in the risk awareness functions of companies in the Middle East. Results show that 80% of respondents stated that their firms do not have enterprise risk management (ERM) framework and 60% of them believed that threats are rising. According to PwC, internal audit is important in improving business performance and risk awareness.


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