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Redefining internal audit for a more agile, strategic future

 

The report Mindset Shift: Towards Innovation (PDF - 6 MB), co-branded by Grant Thornton and the Internal Audit Foundation, explores how internal audit professionals are embracing innovation — not as radical disruption, but as continuous, well-paced improvement. Based on global interviews, the report highlights how leadership, culture, and interpersonal skills are just as critical as technology in driving change.

 

Key insights include:

  • Innovation is enabled by psychological safety and strategic alignment — not just tools.
  • Leadership sets the tone for adaptability and risk-taking.
  • Practical strategies like sandboxing, upskilling and cross-functional collaboration help auditors evolve from legacy practices to advisory-focused roles.

This report positions internal audit as a catalyst for organizational resilience and transformation in a tech-driven, interconnected world.

 
 

Contacts:

 
 

Chicago, Illinois

Industries

  • Healthcare
  • Manufacturing, Transportation & Distribution
  • Technology, Media & Telecommunications
  • Not-for-profit & Higher Education
  • Transportation & Distribution
  • Asset Management

Service Experience

  • Advisory Services
 

Content disclaimer

This Grant Thornton Advisors LLC content provides information and comments on current issues and developments. It is not a comprehensive analysis of the subject matter covered. It is not, and should not be construed as, accounting, legal, tax, or professional advice provided by Grant Thornton Advisors LLC. All relevant facts and circumstances, including the pertinent authoritative literature, need to be considered to arrive at conclusions that comply with matters addressed in this content.

Grant Thornton Advisors LLC and its subsidiary entities are not licensed CPA firms.

For additional information on topics covered in this content, contact a Grant Thornton Advisors LLC professional.

 

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