... perceive the potential value of the internal audit function as being dependent on two key factors: the nature of internal audit s primary focus and the relative maturity of the risk management ... Rachel Jacobs of the McGraw-Hill Companies, which appear in the August 2007 issue of Internal Auditor, published by The Institute of Internal Auditors, Inc., www.theiia.org. The excerpts are ... characterized by a heightened focus on risk management, it is imperative that the risk management initiatives of internal audit functions match those of management. When they do, internal auditors...