Internal audit is facing stiff competition when it comes to recruiting tech-savvy talent. The rapid pace of technological advancements means that internal auditors must stay up-to-date with the latest developments to effectively audit technology-driven processes and systems. To address this challenge, teams can benefit from leveraging the expertise of industry professionals who have experience in navigating the complex landscape of technology. By learning from these experts, internal audit teams can gain valuable insights into best practices and strategies for auditing technology-driven processes, which can help them provide better assurance and advisory services to their organizations. This knowledge brief will delve into the various aspects of internal audit’s “tech challenge,” drawing insights from industry experts to highlight best practices and strategies that can be adopted by teams of any size, in any industry, and with any budget. These strategies aim to help internal audit teams provide assurance and advisory services that are able to keep up with the fast-paced advancements in technology.
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