Which of the following is the current trend in auditing, risk management and compliance?

Which of the following is the current trend in auditing, risk management and compliance?
A . Providing assurance over threats
B. Performing discrete audits in compliance with internal control
C. Front office function providing leading indicators about risk

View Answer

Answer: C

Explanation:

According to 3, page 6, one of the current trends in auditing, risk management and compliance is “moving from a back-office function providing lagging indicators about risk (e.g., audit findings) to a front-office function providing leading indicators about risk (e.g., key risk indicators)”.