Real estate investment trusts face an increasingly complex business environment while trying to maintain performance in a sector strongly influenced by economic trends and fiscal policy. In addressing these issues, internal audit is playing an increasingly active role, evolving from merely ensuring compliance to assisting management evaluate the strategies needed to overcome these challenges.
To get a better understanding of some of the key issues that REIT Internal Audit professionals are focusing on, KPMG LLP conducted a survey on a number of topics related to third-party risks, data & analytics, (D&A) and cybersecurity, among others. The primary results of that survey are supplemented with KPMG perspectives on those topics.
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