Internal Audit

Internal Audit’s Digital Transformation Imperative: Advances amid Crisis

Internal Audit’s Digital Transformation Imperative: Advances amid Crisis

Internal audit’s ongoing digital transformation is set to rapidly accelerate in 2021, with 22% of respondents reporting that they will implement cloud-based technology this year, according to a survey conducted by AuditBoard and the Internal Audit Foundation (IAF) of internal audit leaders — 83% of whom were Chief Audit Executives.

The report on the survey findings, Internal Audit’s Digital Transformation Imperative: Advances amid Crisis, coauthored by AuditBoard and the IAF, sheds light on how internal audit leverages technology to respond to challenging and fast-changing conditions. 

The report reveals that technology use by audit teams has grown for two major reasons: the need to modernize and a requirement for fewer manual processes. In particular, modern, cloud-based platforms offer improved agility, productivity, and collaboration across distributed organizations.

Download your copy of Internal Audit’s Digital Transformation Imperative: Advances amid Crisis to learn:

  • The State of Internal Audit Technology Use: How has technology helped internal audit functions adapt to rapidly changing conditions in 2020?
  • Choosing a Technology Approach: Have internal audit functions accelerated, decelerated, or otherwise changed their current use or intended adoption of new technology in response to the conditions of 2020?
  • The Risk Management Benefits of Modern Technology: What is the most effective type of technology for helping internal audit functions succeed in their response to changing conditions?
Fill out the form to get your copy of Internal Audit's Digital Transformation Imperative: Advances amid Crisis

Internal Audit's Digital Transformation Imperative: Advances amid Crisis

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