Internal auditing is facing increasing competition when it comes to recruiting tech-savvy talent. In the final part of this series on innovation and technology, this knowledge brief explores the challenges faced by internal audit teams in their “tech challenge”. This includes the difficulties in building teams with strong technological capabilities. The brief will draw on insights from industry experts to provide best practices and strategies that can be adopted by any team, regardless of size, industry or budget. These strategies aim to help internal audit teams provide assurance and advisory services that keep up with the fast pace of technological advancements.
Internal audit teams are under pressure to stay ahead of technology’s rapid evolution. They must ensure they have the knowledge and skills to effectively audit technology-driven processes and systems. To address this challenge, internal audit teams can benefit from leveraging the expertise of professionals who have experience in navigating the complex landscape of technology. By learning from these experts, they can gain valuable insights into best practices and strategies for auditing technology-driven processes. This will enable them to provide better assurance and advisory services to their organizations, ensuring they are able to keep pace with constant changes in technology.
