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Audit

CIIA urges boards to work with internal audit amid rising interest rates

The top risks most impacted by economic volatility in the report were financial capital, cashflow and liquidity risk (26%), along with changes in consumer demand and behaviours (22%)

The Chartered Institute of Internal Auditors is urging boards to work alongside their internal audit functions to build resilience against a possible recession amid high inflation and an interest rate rise shock.

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