Topic: Asset Misappropriation

The focus of the paper is on the impact the emerging issues topic or risk has and/or will have on internal auditing. You can have some background discussion, but it should be no more than 25% of the paper. Your paper must include what actions or steps internal auditing needs to take to assess the governance, risk management process and internal controls. You should discuss the challenges faced by internal auditing in assisting organizations in responding to this risk. You should cover how and where internal auditing can add value.