Organizations in Asia Pacific and Europe appear to be using data analytics in the audit process more frequently, with 70% of respondents from both regions confirming they currently use data analytics, compared to only 63% from North America, according to a global survey of 1,500 chief audit executives by consulting firm Protiviti.
Two-thirds of internal audit groups plan to implement data analytics within the next one or two years (66%), yet one in three organizations (34%) have no plans to do so, the firm said.
“Internal audit groups continue to face a lack of skills in understanding and using analytics technologies,” said Brian Christensen, executive vice president, global internal audit at Protiviti. “Chief audit executives need to focus on increasing the levels of education in…
