Which role is appropriate for Internal Audit to add value?

Facilitating control design meetings with management is a vital role for Internal Audit to add value because it actively engages with management in the development and enhancement of internal controls. This involvement allows internal auditors to provide insights based on their independent assessment and understanding of the organization's risks and operations. Engaging in control design discussions enables auditors to help identify potential weaknesses in existing controls and to ensure that new controls are aligned with risk management objectives.

This collaborative approach not only promotes a culture of continuous improvement within the organization but also reinforces the internal audit's role as a trusted advisor rather than just a compliance checker. By working directly with management in the design phase, Internal Audit can influence the creation of effective controls that enhance the overall operational efficiency and risk management framework, thus leading to greater organizational success and resilience.

The other options, while beneficial in their own contexts, do not encapsulate the proactive and collaborative essence of adding value through the internal audit function as effectively as facilitating control design meetings does.