How internal audit can improve by embracing technology

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Rapid technological advancements pose a significant challenge to internal audit functions at organizations of all sizes.

“Not only does internal audit need to have a point of view on what risks come with those technologies,” said PwC’s Lauren Massey, “but the best way to make sure they have that point of view is by embracing these emerging technologies themselves.”

PwC’s 2018 State of the Internal Audit Profession survey report, Moving at the Speed of Innovation, published Monday, shows that many internal audit functions soon will be implementing transformational new technologies. The survey of more than 2,500 board members, senior executives, and audit professionals in 92 countries revealed that in the next two years, the portion of internal audit organizations:

  • Using…

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