I suspect that most people have had to provide some sort of assurance of the type "it couldn't happen here,  could it?". 
 
A fear I have heard expressed many times is that the situation could drive Internal Audit functions back to the basic assurance/compliance role from which we have spent the last 20 years trying to move away from. Does anybody have any anecdotal evidence to back up this fear - discuss......
 
 
Nick Avery
Head of Internal Audit
Horserace Totalisator Board
www.tote.co.uk 


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