Internal audit professionals came together at Touchstone Insights for Audit Leaders virtual event hosted by Wolters Kluwer

Rhea-AI Summary

Wolters Kluwer Tax & Accounting recently hosted the second virtual Touchstone Insights for Audit Leaders event, focusing on agile audit methodologies and the internal audit role in ESG initiatives. Over 35 countries participated, highlighting global interest in agile audit content. Jim Dunham emphasized the need for auditors to understand evolving ESG risks. Sessions led by experts discussed efficiency in audit processes and the dynamic ESG landscape. The ongoing study from Touchstone Insights aims to provide real-time benchmarks for internal audit professionals.

Positive

• High global interest in agile audit methodologies.
• Participation from internal audit executives across 35 countries.
• Expert-led sessions provided valuable insights into ESG initiatives.

Negative

• None.

Participants learned how internal audit leaders can provide greater assurance to their organization through agile audit and ESG involvement

NEW YORK--(BUSINESS WIRE)-- Recently, Wolters Kluwer Tax & Accounting hosted internal audit leaders from around the globe at TeamMate’s second virtual Touchstone Insights for Audit Leaders event. Chief audit executives came together to better understand two of the key trends in internal audit – applying agile methodology in audit workflows and internal audit’s evolving role in Environmental, Social, and Corporate Governance (ESG).

“We see immense interest globally for agile audit content, know-how, and capabilities. There is also a growing need for internal auditors to better understand evolving ESG initiatives and reporting requirements, and their role in identifying associated risks,” said Jim Dunham, Executive Vice President & General Manager, Wolters Kluwer TeamMate. “We hosted our second Touchstone Insights for Audit Leaders event to help internal audit executives gain insights into these trends and to provide them with best practices in addressing related new challenges.”

Internal audit executives from over 35 countries took part in the online event. The agile audit session was led by agile coach Mark Williams from Agile Outside IT and focused on how agile audit aligns with the goals of Chief Audit Executives to drive efficiency and accelerate risk assessment and insights. The second session, directed by recognized ESG expert Kevin Gould, gave attendees a perspective on internal audit’s role in risk assessment and assurance of the constantly changing ESG landscape.

Launched in 2020, the ongoing global Touchstone Insights for Internal Audit study provides an in-depth view into the state of the internal audit function. Offering both high-level analysis and detailed segment insights, it enables a more detailed understanding of the profession in real-time and allows internal audit leaders to benchmark their teams against peers. The survey informing the study continues to remain open to new participants and evolves with changes in market conditions and business dynamics, keeping the benchmark data fresh and relevant. Internal audit departments and professionals are invited to participate in the study here.

About Wolters Kluwer

Wolters Kluwer (WKL) is a global leader in professional information, software solutions, and services for the healthcare; tax and accounting; governance, risk and compliance; and legal and regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with advanced technology and services.

Wolters Kluwer reported 2020 annual revenues of €4.6 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 19,200 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.

Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt (ADR) program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).

For more information, visit www.wolterskluwer.com, follow us on Twitter, Facebook, LinkedIn, and YouTube.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211221005110/en/

MARISA WESTCOTT

212-771-0853

marisa.westcott@wolterskluwer.com

Source: Wolters Kluwer

FAQ

What is the focus of the recent Touchstone Insights for Audit Leaders event hosted by WTKWY?

The event focused on agile audit methodologies and the internal audit's role in ESG initiatives.

Which company organized the Touchstone Insights for Audit Leaders event?

The event was organized by Wolters Kluwer Tax & Accounting.

How many countries participated in the Touchstone Insights for Audit Leaders event?

Over 35 countries participated in the event.

What are the key trends discussed at the Touchstone Insights for Audit Leaders event?

The key trends discussed were agile audit workflows and internal audit's evolving role in ESG.

Who are the experts that led the sessions at the Touchstone Insights for Audit Leaders event?

Sessions were led by agile coach Mark Williams and ESG expert Kevin Gould.