Innovatie nieuws: Experts over: Leveraging technology within Internal Audit Functions

Keeping pace with business....

…. that is what is required of Internal Audit Functions (“IAFs”) today. As organizations continue to evolve and adopt more advanced technology into their operations, the internal auditors’ mandate remains unchanged. To continue adding value to their organization, IAFs are encouraged to embrace the benefits of technology and data analytics.

In this whitepaper we outline KPMG’s vision on the future of Internal Audit and technology.

KPMG provide background on the actual and relevant topics to help IAFs understand, identify and leverage the technology, data analytics and their organization’s digital landscape, also providing a roadmap for the IAFs' Technology-enabled Internal Audit journey to get ready for the future.

Technology enabled Internal Audit ("TeIA") is more than digital tools, data analytics, software and web-based applications; it is about delivering best-in-class internal audit services and delivering added value by leveraging technology in all phases of the internal audit cycle.

TeIA will create higher efficiencies, improve effectiveness, identify deeper insights, strengthen data governance and security, and enable IAFs to identify and focus on high priority
value adding activities. TeIA will empower and enable IAFs to generate more reliable and repeatable audit outcomes and ensure that audit teams can focus on more strategic and
complex business issues. Last but not least, a TeIA can inspire the trust of stakeholders, creating a platform for responsible growth, bold innovation and sustainable advances in performance and efficiency of an organization as well as improve the attractiveness of IAFs for students and other new hires.

KPMG supports IAFs on their journey to a Technology-enabled Internal Audit Function with a variety of solutions, whether on strategic, tactical or operational level considering different elements from Positioning, People and Processes (including tooling and techniques).

Is your IAF ready to face the new reality?
Enjoy the read!