To address this need, PricewaterhouseCoopers has developed the Hub and Spokes Resource Model ™. The Hub and Spokes Resource Model assumes that certain core internal audit resources and capabilities will remain resident within the company. This “hub” provides internal audit with the leadership, continuity and experience that are unique to your organisation. The “spokes” in the model represent elements of a possible cosourcing relationship. In the example below, the core team would call upon the capabilities of a cosourcing partner to provide the resources necessary to audit unique, complex or specialty areas such as information security, SAP system controls, Sarbanes-Oxley Act compliance, fraud investigation and business continuity planning. .
