Bastian Nominacher, co-founder and co-CEO, Celonis
For years, auditors have used interviews and workshops to conduct successful company assessments. As more businesses become digitised, auditors need to blend traditional techniques with a more data-led approach. In the face of higher expectations for accuracy, internal departments need to take note: big data is changing the way organisations operate and internal audit departments can’t afford to be left behind. However, PwC’s 2018 State of the Internal Audit Profession study showed that only 14 percent of audit professionals are advanced in their adoption of technology – clearly there is still progress to be made.
As business processes become more complex and greater volumes of information become available, auditors are under…
