Repowering technology audit

IT Internal Audit functions are enduring an array of challenges as the pace of change accelerates and the risk environment soars in today’s dynamic global environment. Revolutionary advances in cloud services, artificial intelligence, cyber security, data privacy and automation – coupled with the proliferation of hybrid working models – are unleashing complex IT risks that threaten business operations, competitiveness, regulatory compliance, and reputations.

Audit functions need to keep pace and develop prominent voices with leadership to deliver strategic, data-driven insights and, ultimately, play a new role as trusted advisors to their boards and management. The future of internal audit is here and demands a bold new mindset that takes in not just where a business is today but where it is going during the transformation journey.

This timely, insight-filled KPMG report examines how organizations can propel the IT Internal Audit function toward a new reality which includes being a strategic advisor to the business, performing holistic risk assurance, adopting creative methods to attract talent and embracing innovation in the way we work. The profound disruption of the global Covid pandemic has provided an opportunity for audit professionals to evolve beyond their traditional approach. Amid ongoing change, disruption and business transformation, a new role for audit is inevitable and indispensable.

Download your copy of the Report to discover more insights on the growing demands of businesses and the expectations of their leaders as risk evolves.