While 98% of business leaders see IT as strategically important to the future
success of their business, research carried out by
PwC on behalf of
The Institute of Internal Auditors for UK and
Ireland has questioned whether board members really have sufficient
understanding of their organisation’s IT risks to address them adequately.
PwC’s report: IT Risk – Closing the Gap, found that in 74% of
organisations, IT-related risk has risen higher up the board agenda and 87% of
senior management respondents say it is a major challenge to respond to the pace
of change in IT.
At the same time 68% of heads of internal audit surveyed believe boards do
not understand the IT risks they face while an even greater proportion (74%) say
they would like to provide more assurance over IT risk at a strategic level.
Mark McMullen joins the private client services team from Smith & Williamson
Merger between Clear & Lane Chartered Accountants and Magma Chartered Accountants was finalised on 3 February
BDO has taken its new partner intake to 23 during the first half of its financial year, including the appointment of five partners in five weeks
The firm reports 7.6% global fee income growth for the year ending 31 December 2016