KUALA LUMPUR: Internal auditors must embrace technologies such as artificial intelligence, robotic process automation and advanced analytics to stay relevant, attendees of a conference hosted by the Institute of Internal Auditors Malaysia (IIA Malaysia) was told yesterday.
IIA Global chairman Naohiro Mouri said for a business to remain competitive, it must first adapt to rapid technological advancements.
“The next step is to synergise technology with the business to educate the audit committees and board members, to thereon improve the oversight of internal audit functions.
“With technologies such as artificial intelligence, robotic process automation and advanced analytics having a direct impact on internal audit, there is an urgent need to address an increasing gap in technology skills in the internal audit profession and prepare them (practitioners) for the technology-driven business environment,” he added.
Mouri was speaking at the Asian Confederation of Institutes of Internal Auditors (ACIIA) Conference 2018 themed Staying Relevant in a Digital Landscape.
The conference chairman Philip Satish Rao said internal auditors must keep up with more businesses taking the digitalisation…
