Data is the new GOLD. By harnessing the wealth and power of data from generated from business activities as well as external sources, internal audit organization (IA) can generate deep and valuable new insights, to provide increased assurance, and rewrite the checklist of traditional auditing techniques.
Embracing Analytics within the audit function is a journey that takes a great amount of change, time and effort. Internal Audit functions must accept that analytics plays a leading role in turning data into business insights.