Internal Audit’s New Toolkit:-
To remain relevant, internal audit has to respond to these challenges and deliver strategic insights, not just assurance –
To meet the emerging trends internal audit must use these tools –
A- Artificial Intelligence
B- Machine Learning
C- Robotic Process Automation
D- Better use of data analytics to drive strategic decisions.
– Digitalization & Digital Transformation :-
A- Cloud computing
B- Mobile
C- Big data analytics
D- Machine learning
E- Artificial intelligence (AI)
F- Automated workflows
G- Electronic work-papers
H- Dedicated audit management systems.
