A collaborative approach to risk management
Risk functions that are digitally fit position their organisations to make smarter risk decisions as they move through digital transformations. Our study shows that when risk functions are digitally fit, the benefits an organisation receives multiply in the forms of faster progress and greater than anticipated payoffs on digital technology investments, and smarter risk taking.
PwC’s 2019 Global Risk, Internal Audit and Compliance Survey was fielded from October to November 2018. A total of 2,073 CEOs, board members and professionals in the areas of risk management, internal audit and compliance responded. Executives in 99 countries and 27 industries participated in the survey.
The survey explores the things that differentiate risk functions that support smarter risk taking as their organisations undertake digital initiatives. A digital fitness index for each risk, compliance and internal audit respondent was created based on the weighting and averaging of multiple survey questions that investigated behaviours in each framework area.
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Internal Audit
PwC's Internal Audit Services (IAS) practice offers a tailored mix of resources, tools and insights to clients who seek to enhance their internal audit functions.
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Governance, Risk and Compliance
In an increasingly complex and volatile business environment, companies cannot afford to be non-compliant with regulations or ignore uncertainties. The rapidly changing business environment requires, companies to innovate risk strategies.
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IT and Project Assurance
The digital age is here. IT systems are a fundamental part of all organisations and you - along with your customers, shareholders and regulators - need to trust it to rely on it. The IT and Project Assurance practice can enable you to embrace new technologies and opportunities which would be crucial to stay competitive.
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Financial Services
The world of risk is changing. Challenging economic times, volatile world events and ever-changing technology are rendering organizations more vulnerable than ever before. It is becoming increasingly hard to predict where new risks would come from. PwC’s Financial Services practice can enable you to navigate through periods of uncertainty and enhanced regulations.
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PwC India among CIO choice 2023 Trust Seal winners
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