Similar to finance and accounting, internal auditing has evolved with technology, expanding beyond financial assurance to take on a more advisory role.
Internal auditors are increasingly using new methods to improve their processes, drive innovation and gain deeper insight for their organizations and stakeholders. These new methods fit into three categories: governance, methodology and enabling technology.
Sweeping changes are enabling internal audit departments to deliver greater value to an organization. It’s an exciting and challenging time for both internal auditors and CPAs.