{ "docId": "019dd923-5e88-73ef-bd58-1f499855b65e", "docSlug": "a4428eb0d1c11b31", "documentTitle": "Elevating internal audit’s role: The digitally fitfunction 2019 State of the Internal Audit Profession Study", "authorId": "PwC", "authorName": "PwC", "documentKindSlug": "consulting-deck", "documentKindLabel": "Consulting deck", "sourceTypeSlug": "strategy_consulting", "sourceTypeLabel": "Strategy consulting", "presentationDate": null, "orientation": "landscape", "aspectRatio": 1.775, "pageNumber": 16, "pageCount": 22, "prevPage": 15, "nextPage": 17, "slideType": "testimonial", "function": "illustrate_case", "density": "dense", "nDataPoints": 0, "notes": "The slide is split into two halves: a white left side with text and an orange right side with a quote.", "elementsJson": [ "paragraph", "quote_block" ], "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019dd923-5e88-73ef-bd58-1f499855b65e/16", "deckHref": "/decks/019dd923-5e88-73ef-bd58-1f499855b65e", "deckJsonHref": "/decks/019dd923-5e88-73ef-bd58-1f499855b65e.json", "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd58-1f499855b65e#slide-16", "components": [ { "bbox": { "h": 0.05, "w": 0.41, "x": 0.54, "y": 0.38 }, "kind": "paragraph", "text": "John Merino, Chief Accounting Officer, FedEx Corporation", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "5ad81b36-7bb0-417f-9414-9069a4c00a46", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.4, "w": 0.45, "x": 0.05, "y": 0.08 }, "kind": "paragraph", "text": "Dynamics are thinking about how technology can help them do things differently rather than limiting their thinking to process improvement. They don't think of emerging technology as a bolt on but as a smarter way to do more. Consider how analytics have been adopted by many internal audit functions, primarily in the areas of audit planning and audit execution. Internal audit functions are far less often stepping back to reimagine how the full audit approach could change through the use of analytics, including redesigning risk assessments to be data driven, leveraging analytics to continuously monitor controls, conducting full population testing, and providing stakeholders with more insights through real-time dashboards and reporting. When a more transformative and fully integrated approach throughout the entire internal audit life cycle is considered, internal audit functions not only expand risk coverage, they also help their organisation act on risks in real time.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "967250f5-d725-4411-ad71-0b3890fc5d5c", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.3, "w": 0.41, "x": 0.54, "y": 0.08 }, "kind": "quote", "text": "Easy access to RPA was a warning siren about how we had to have a proper governance process in place to allow access to these digital tools but with some supervision over the operation of them...my team did a good job of getting the right governance in place balancing risk with opportunity.", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "5fe6bed1-a995-4961-8867-b74ae49741a7", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "quote", "text": "Easy access to RPA was a warning siren about how we had to have a proper governance process in place to allow access to these digital tools but with some supervision over the operation of them...my team did a good job of getting the right governance in place balancing risk with opportunity. — John Merino, Chief Accounting Officer, FedEx Corporation", "attrs": null, "subkind": null, "toolName": "Authority citation", "toolSlug": "authority-citation", "confidence": null, "componentId": "019dd952-3be7-728b-ac05-07c9f0854fb6", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.23, "x": 0.72, "y": 0.94 }, "kind": "source-note", "text": "2019 State of the Internal Audit Profession Study | 16", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "80589e59-48d7-4fd1-9b3a-b3b480298724", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 21, "from": 13, "beatId": "7437aa55-3f50-4239-a8ff-45b0cdfd1f5b", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Solution & Approach", "beatSlug": "consultants-gambit-solution-approach", "evidence": "The document outlines the solution and approach for internal audit functions to become digitally fit", "position": 2, "confidence": 0.8, "parentBeatName": "Turn", "parentBeatSlug": "turn" } ], "loops": [ { "to": 21, "from": 3, "name": "Golden Circle", "slug": "11-golden-circle", "bestFor": "Visionary leadership, brand positioning, mission statements", "matchId": "458e061c-0d1d-48b1-8066-03d31fb10721", "evidence": "The document uses the golden circle framework to structure the narrative", "position": 0, "objective": "To understand the importance of digital fitness and how to achieve it", "structure": "The Why (Belief) -> The How (Process) -> The What (Result)", "confidence": 0.6, "description": "Invert the typical pitch by starting with why you exist, rather than what you do" }, { "to": 20, "from": 2, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "7449429c-4f3c-46e0-81d9-3da5af49890b", "evidence": "The document implies the costs of inaction through the use of testimonials and data tables", "position": 1, "objective": "To highlight the risks of not becoming digitally fit", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.5, "description": "Quantify what happens if the audience does nothing" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }