Strategy and value management
- Role of IA in ESG
- Resourcing in a virtual and high demand environment
- IA's role in emerging topics such as ESG, cyber threats, and disruptive events (transactions, transformations, etc.)
- Integration and coordination across three lines of defense (particularly the second and third lines)
- Broadening risk coverage as business model and digitization efforts evolve
Operational model
- Operating with increased agility, especially more frequently, for faster risk assessment and planning
- Staying close to the business in a virtual environment
Stakeholder engagement
- More SMP expertise in IA especially when working with first and second lines
- Improving IA brand
- Improving AC chair connectivity
- Resourcing constraints across the organization
Digital acceleration
- Data driven risk assessment*
- Focus on automation
- IA partnering with the second line on continuous monitoring
Modern workforce
- Overall IA employee experience around data analytics, problem solving work and more*
- Upskilling IT and enterprise technology acumen
- Overcoming talent drain and resource needs through hiring and retention
- Need for more specialized or mature capabilities around data analytics and insights
Risks and responses
- Geopolitical risks and their impacts and translations to the audit plan*
- ESG initial program assessment*
- Supply chain and operational resiliency*
- Cybersecurity* (e.g., ransomware incident response,* phishing, hacking, data theft)
- Cloud services and storage (e.g., data security, business continuity)
- Regulatory compliance (e.g., more regulated environment, expanded role for IT)
- Third party risk management
- Workforce* (e.g., contingent workforce, upskilling and reskilling talent, distributed tax implications)
