Internal Audit Technology Strategy
Tax & AccountingFinanceComplianceFebruary 28, 2018

Developing an effective internal audit technology strategy

Internal audit leaders place great importance on the need to make effective use of technology, but they don’t believe they are doing a good job of pursuing this goal. That is the central finding of a survey of more than 500 chief audit executives (CAEs) conducted by The IIA’s Audit Executive Center in March 2011.1 In that survey, 48 percent of CAEs described their ability to leverage technology as inadequate,while only 14 percent rated the performance of their teams in this area to be above average. Thus, there is a significant gap between the importance that CAEs place on technology and their perceived ability to effectively use it.

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