Protiviti has just published the fourteenth edition of its book on Internal Audit Around the World. This year’s edition focuses on how organization’s digitalization efforts will impact Internal Audit departments, both in how they audit and in what they are auditing in the business. Here is a brief summary:
The era of digitalization is a golden opportunity for internal auditors. They are poised to assume a more prominent and visible role in helping their organizations implement strategies that align with the rising expectations of digital transformation. For years, many in the internal audit profession have been looking to become a value-adding, strategic partner to the business. Now is their moment.
Digital transformation brings promise — and uncertainty — to organizations. One outcome of the process, though, is irrefutable: change. Businesses around the globe recognize that transformation is necessary to survive. They must disrupt or be disrupted. And if they are disrupted, they must respond and adapt swiftly. In this publication, we take a closer look at internal auditors’ challenges and opportunities as they help to support the business through digital transformation. The organizations we feature are all evolving digitally in some respect — but most are transforming on multiple fronts.
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