It’s that time if year again when Protiviti publishes it annual Internal Audit Capabilities and Needs Survey. This year’s study explores how Internal Auditors are leveraging analytics in their audit approach. Here are some key takeaways:

  • Many internal audit functions are still struggling to become comfortable with using analytics on a broad basis as opposed to specific point solutions;
  • Sharing information about the use of analytics with the audit committee correlates to increased engagement by the committee, including willingness to authorize further investments in analytics;
  • Fraud, cybersecurity threats, third-party risk, ERM and corporate culture are top audit plan priorities; and
  • A marked difference exists between the level of analytics use in Europe and APAC versus North America, for a variety of reasons.

Learn more in the info graphic below, or head to Protiviti.com to download the full report and learn more.

Capabilities and Needs SurveyChief Audit ExecutiveInternal AuditProtiviti