As internal audit practitioners seek to evolve and transform their functions, to keep pace with the transformation occurring within their organizations, internal auditors are increasingly assessing and consulting on a wide variety of risks, including digitalization, cybersecurity, enterprise risk management, fraud risk, vendor risk and corporate culture. These new areas now dominate the global discussion of internal audit capabilities and needs, according to Protiviti’s latest
Internal Audit Capabilities and Needs Survey Report.
In this article, Protiviti Managing Director Andrew Struthers-Kennedy explores one aspect of internal audit in need of additional focus—data analytics.