Problem
You lead an internal audit group within an organization that has become increasingly frustrated with a number of issues due to negative media coverage. There is a concern with the firm's image affected by unfounded allegations on the use of child labour in foreign operations; and some staff involved in questionable projects not in alignment with corporate values. Senior management and the audit committee requested that a theme of corporate social responsibility (CSR) be integrated into your audit work. Beyond that, the Board and management wanted to hear on some specific engagements that could be undertaken related to CSR.
How internal audit could address issues of corporate social responsibility?