In today’s business environment, the only constant is change. intelligent automation isn’t only helping to redefine how businesses operate, it is also placing increasing pressure on internal audit to change.
The roles and activities that internal audit functions perform today might not be relevant in the future as organizations transform increasingly complex business activities leveraging intelligent and other technology solutions. Few internal audit functions today are positioned for the task of providing assurance over the complex and data-rich operating environments expected to become more prevalent in the years ahead. Internal audit is also increasingly under pressure to provide services beyond their traditional assurance scope, such as consultative services related to key areas of risk or predictive and proactive risk analytics. Scope changes are also coming at the systemic level.
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