Internal Audit Foundation Report Finds Changing Risk Landscape Will Require Shift in Hiring Trends

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The recruitment and hiring landscape for internal audit must evolve to ensure the profession keeps pace with a changing risk environment. That’s according to the results of a new report ‘Fueling the Internal Audit Student Talent Pipeline: Perspectives from Educators and Practitioners’ released at the Global Student Conference by the Internal Audit Foundation, sponsored by Deloitte.

The increasing need for new skills in areas such as data analytics, cybersecurity, and artificial intelligence necessitates that internal audit teams cast a wider net for new recruits to ensure that the talent pipeline remains robust and capable of carrying the profession into the future.

According to the report, hiring managers tend to seek recent college graduates who have studied accounting (80%), followed by those from auditing (53%) and business (44%). Comparatively, computer science or information technology accounted for 43%, suggesting that a background in technology is of growing importance to internal audit hiring managers. The results from the survey also revealed that the most essential skills hiring teams look for – outside of experience and education – include business communication…

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