Internal Audit: Top 10 Considerations in 2015 | KPMG United States
Share with your friends

KPMG Internal Audit: Top 10 Considerations in 2015 for Technology Companies

Internal Audit: Top 10 Considerations in 2015


Related content

Our annual compilation of Internal Audit considerations for technology companies, "Top 10 in 2015," focuses on the critical role Internal Audit can play in helping companies manage some of their leading risks more effectively in today's challenging environment.

In this year's publication, you will notice the continuing importance of disruptive technologies in determining the focus areas of Internal Audit—both in terms of presenting opportunities and new sources of risk.

Top 10 in 2015:

  1. Cybersecurity
  2. Intellectual property protection
  3. Evolving business models
  4. International operations
  5. Vendor management
  6. Government contracting
  7. System implementations and upgrades: Transitioning to the cloud
  8. Mergers, acquisitions, and divestitures
  9. Revenue from contracts with customers
  10. Use of data analytics and continuous monitoring in Internal Audit

The often overlapping relationships among these areas demonstrate how tightly connected our organizations have become in today's global markets. For example, relationships with key business partners often include the exchange of intellectual property, highlighting the importance of monitoring our partners' security frameworks and procedures, as well as performance and contractual compliance.

Similarly, evolving business models are frequently enabled, and supported, by emerging technologies, such as cloud initiatives that can enhance business performance while reducing costs and risk.

These connections highlight the value Internal Audit can provide in helping organizations address these risks holistically, as well as individually.

KPMG LLP's (KPMG) selection of risk areas is based on a number of inputs, including:

  • Discussions with chief audit executives at technology companies
  • KPMG's Technology Internal Audit share forum
  • Insights from KPMG's professionals who work with technology companies
  • KPMG survey data.

The top 10 focus areas on the following pages explore the leading risks technology companies face as they evaluate their strategies and make investments. All of these areas highlight the leading exposures companies are working to address as they enter 2015.

Note: Every technology company is unique and it is important that Internal Audit rely on a company-specific analysis of its risks in developing its Internal Audit plan.

pdf Download pdf (2.4 MB)

The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.

Connect with us


Request for proposal