The economic landscape since the start of this decade has been eventful, to say the least. The flash recession in 2020 spurred on by the pandemic has been followed by the war in Ukraine which has exacerbated food and energy prices. On top of this, we have had arise in interest rates to tackle ongoing inflation that has spurred the cost-of-living crisis. There has not been a moment to sit still in the past three years and as we fend off the threat of another economic downturn there is no guessing what uncertainty is around the corner.In uncertain times, internal audit professionals are ideally positioned to demonstrate their expertise in risk and control management by being adaptable and proactive in tackling the risks associated with economic volatility. For the internal audit functions that are being impacted by this volatility, this can be an opportunity to showcase internal audit’s value when promoting a culture of resilience, providing assurance through times of economic uncertainty and supporting the organisation as the economy recovers.