In a recent survey by PWC titled "2012 State of the internal audit profession study", it was noted that the majority of the respondents said that their businesses face more risks than ever before. This is about 80% of the respondents expressing their concern on increasing risks and the inability to effectively manage them. Internal Audit is a key component of the Risk Management framework. Please do review the report from PWC by clicking on the link below. The report also helps users to align internal audit within the overall risk management framework. http://www.pwc.com/en_US/us/risk-assurance-services/internal-audit/publications/assets/pwc-2012-state-of-internal-audit-survey.pdf If you would like to know how Riskpro can help your organisation to benefit from an effective internal audit framework, please do contact us at info@riskpro.in