Jan Babiak, a seasoned Board Member and Audit Committee Chairperson for multiple multinational organizations, shares her insights on effective internal audit departments. She delves into essential qualities that define great auditing, emphasizing independence, competency, and the need for continuous learning. Jan also highlights the changing landscape of internal audits, particularly post-COVID-19, and stresses the importance of strong communication between auditors and board members. Her expertise sheds light on when it might be appropriate for a Chair to consider the resignation of a Chief Audit Executive.
