Internal auditors are getting more involved in technology initiatives like cybersecurity and data analytics, according to several new reports.
One of the reports, from PricewaterhouseCoopers, found that 75 percent of companies who use internal audit technology will see a return on investment, but only 14 percent of internal audit functions are advanced in their adoption of technology. PwC’s 2018 State of the Internal Audit Profession study polled more than 2,500 board members, senior executives and audit professionals in 92 countries.
It broke down internal audit professionals into several groups. Nearly half (46 percent) of internal audit functions are taking notice and following the lead of the advanced group of “evolvers” in terms of technology adoption, but…
