EQA AS A TOOL FOR REPOSITIONING INTERNAL AUDIT FOR STRATEGIC ALIGNMENT

EQA AS A TOOL FOR REPOSITIONING INTERNAL AUDIT FOR STRATEGIC ALIGNMENT

How To Align Internal Audit Function With The Business Strategy

Aligning Internal Audit functions with the company strategic goals and objectives requires a shift from overburden the second and third lines of defense to the first line of defense owning their processes, risks and controls through proactive preventive, detective and corrective mechanisms. In this case, the first line of defense will be required to prove more of the assurance comfort while the second and third lines of defenses spending less time doing mundane things but focus on the key risks that matter to the business through continuous control monitoring and auditing while leveraging combined assurance model..

The proposed allocation of the assurance efforts across the three lines of defense have been below

Being Thankful is a great skill and empowers one to see and feel the true colours of joy and goodness in others and the values they bring.

Thank you IIA Nigeria for adding another win in my portfolio of success, growth and longevity.

On 17th and 18th September 2025, the Institute of Internal Auditors (IIA) Nigeria held its annual conference at Shell Hall, Muson Centre Lagos. The event attracted thousands of participants and 32 captains of industry from different countries as speakers and panelists. I was among the speakers.

I presented a 45minutes paper sharing my experiences and perspectives on “ELEVATING AUDIT EXCELLENCE WITH EQA”.

The details of my paper presentation are contained in the knowledge and experiences I have shared on “EQA as a strategic tool for repositioning Internal Audit For Strategic Alignment.”

2 Comments

  1. Chileobim Cyril Soronnadi ACIS; MNIM

    Very insightful and helpful.
    Thanks for what you are doing

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