A Balanced Scorecard Framework for Internal Auditing Departments

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Internal auditing's changing mission, roles, and strategies have led departments to rethink and refine their strategy and performance priorities. The balanced scorecard is an effective tool for fine-tuning and implementing strategy and for showcasing the value of an internal audit department. If you have been searching for a way to keep score in the midst of change, look no more! This is just the tool you have been seeking. Presented in an easy-to-follow format, the scorecard methodology in this research report will help you refine and translate your departmental strategy into positive action. But that's not all. You will learn how to further demonstrate the value of your department by better meeting stakeholder/customer expectations and priorities and reflecting corporate initiatives and priorities in your strategic plan and performance metrics. With this IIA Research Foundation publication, you will score big Internal audit quality and innovation Enhanced departmental capabilities. Process improvement. Value-added services. Performance measure benchmarking.