Chief Audit Executives Council

Corporate transformation, new uses of technology, and the need for different capabilities in the internal audit function are among the challenges facing chief audit executives today. Greater data analysis capability within internal audit will continue to drive an improved internal control environment and greater efficiencies. In their key governance role to provide assurance on risks to boards and senior leadership, internal audit leaders must partner to a greater degree with other assurance functions, including health, safety, and environment (HSE), compliance, and risk management.

As an organisation that reaches across every business line, internal audit has the opportunity to propagate best practices. The Council provides audit professionals with a forum to develop successful responses to their highly visible role and to share best practices for implementing effective auditing procedures.

Members

Companies & Members - Chief Audit Executives Council

ArcelorMittal Group S.A.
BBVA
Cofra Holding AG
Electrolux AB
Essity
European Bank for Reconstruction & Development
Fresenius Medical Care AG & Co KGaA
Georg Fischer AG
Hitachi ABB Power Grids Ltd.
Husqvarna AB
JT International S.A.
McKinsey & Company, Inc.
PepsiCo
Piraeus Bank Group
Red Bull
Scania AB
Tetra Laval International
Volvo Car Corporation
Wartsila Corporation

Member Benefits

Enduring relationships with trusted peers is the core of the Council experience. Enhanced by our global, enterprise-wide reach, these relationships span the world and extend the council value. Confidential peer dialogue provides you with a broader perspective and shared experiences, as well as access to specific knowledge and best practices.

Collective topic selection and problem solving that put your issues on the agenda Informal
Real-time Benchmarking of current approaches by member companies to the most challenging issues faced by product development
Multi-industry insights and best practices from non-competitive peers via in-depth discussions
Performance accelerating ideas for a key growth engine for your company
Networking, reputation building and access within your peer community

Member Experience

"Membership with The Conference Board gives me plenty of insights and benefits. Due to the small and intimate size of councils all members can speak freely and share confidential information from which very enlightening discussions evolve. I joined The Conference Board after recommendations from two council members and I feel honored to be part of the group ever since. The seniority of the members provides me with a great exchange and new views on topics that I have not yet considered or which I have only vaguely identified as challenges. I get to know new approaches in auditing or new areas that need to be audited which can be applied to my company. Takeaways are sometimes based on a very precise statement by a peer or can be derived from a speaker that is selected by the Council Director. For example, I was able to discuss my approach to the Internal Audit Risk Assessment and get reflections from other council members. I have also grown more confident in my position because the exchanges and discussions showed me different ways of coping with certain challenges."

- Thorsten Schittges, Head of Internal Audit, Georg Fisher

Hot Topics

Data analytics for internal audit
How to match capabilities with audit needs, training and development, competency mapping
Conversation with the Audit committee chair
Aligning IA with strategy
Auditing health and safety
Innovative Communications Strategies for Internal Audit
Robotics for internal audit
What tools does IA use to organize?
Methodologies to determine thresholds
Root cause analysis of risks
Justice inside the organization: do employees feel they are treated fairly
Implement process mining into audits

Who Should Join?

Members are the most senior executives responsible for audit in their organisations, with a Global or EMEA remit.

Council Director

Ellen Hexter

Program Director, Chief Audit Executives Council, IT Audit Leaders Council, Strategic Risk Management Council, and Strategic Risk Management Council
The Conference Board
Read Bio