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Internal Auditing 2.0: How the IIA is Rewriting the Rules
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Subscribe26 JUL 2024 / ACCOUNTING & TAXES
The Institute of Internal Auditors (IIA) has released a report detailing significant changes in the internal auditing profession by 2035. Harnessing advanced technologies such as AI and data analytics, auditors are expected to shift from traditional assurance roles to strategic advisors, providing real-time insights and advice to organizations, though this shift will require overcoming hurdles like talent attrition, underestimating the importance of auditor independence, and the need for better networking and mentorship opportunities.
Ever wondered how the world of internal auditing will look in 2035? If you’re picturing a realm where traditional auditing practices meet cutting-edge technology, you might just be onto something. According to the latest report from the Institute of Inter...
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