Stakeholders expect Internal Audit (IA) to deliver value. In most organizations, there is a clear gap in expectations. We want to help you address that gap and are giving away our driver based analytics tool* (Audit Compass) to help you self assess your Internal Audit function, value delivery and value drivers in as less as 30 minutes of your time. The outputs from the tool can be readily included in your audit committee presentations.
Audit Compass helps your measure Internal Audit Value delivered. Audit Compass generates a number of dashboards that help you understand and communicate the value added by your Internal Audit function.
How it is organized...
Audit Compass is based on OEQ's Value+ Framework and has a number of tangible measures. The measures are aggregated into 4 dimensions that cover address Risk, Execution, People and Growth.
Immediate benefits you will realize...
You can use Audit Compass to instantly compare results to your perceptions. Specifically you will be able to gain the following immediate insights:
1. Align your Internal Audit strategy to drive value: You will find yourself asking the right questions based on tangible information. You will also be able to decide for yourself where you need to focus your energies both as leaders and as a group.
2. Gain unforeseen visibility into what is driving value in
your organization: You will be able to tangibly see areas that are driving value vs. areas you need to shift strategies. You will be able to present this information to your stakeholders, explain your efforts and results.
3. Explore the performance of your group from period to period: You can use the dashboards to understand the ever changing dynamics within your department / organization. This will help you prioritize and optimize where / how your teams spend their time.
"In a nutshell, Audit Compass will help you understand your IA Organization's Equation, explore internal and external factors and make meaningful fact based decisions..."
How can you get Audit Compass ...
It's simple, please send an email from your work email to: email@example.com
Please include "Compass" in the subject and the following information in the body of the email:
Company Name: Your Name: Your Job Title: Location (City, State - US Only): Your IA Department Size:
We will validate the information and send you a copy of Audit Compass with instructions on how to use it. We do not have a sales team and do not share or sell your email address.
*Audit Compass does not have any special requirements, works locally on your windows computer and does not share any information that you place in it. You do need to have Microsoft Excel 2010 or higher to be able to use this tool. You will get an exclusive license to use Audit Compass subject to the terms included with the tool.