Internal Audit 2035: Charting the Future of a Rapidly Changing Profession
The article "Internal Audit 2035: Charting the Future of a Rapidly Changing Profession" underscores the evolving role of internal auditors from traditional assurance providers to strategic advisors who help shape organizational futures by 2035, driven by rapid changes in technology, regulations, and global risks. It highlights key areas for internal audit transformation, including routine adoption of advanced technologies like AI, expanding skill sets beyond traditional finance backgrounds to include cybersecurity and ESG, and increasing involvement in advisory and strategic decision-making. The article also stresses overcoming outdated perceptions of internal audit as a policing function, building a stronger talent pipeline, fostering recognition and motivation among auditors, and embracing a forward-leaning mindset to thrive in an increasingly complex business environment.
The article "Internal Audit 2035: Charting the Future of a Rapidly Changing Profession" underscores the evolving role of internal auditors from traditional assurance providers to strategic advisors who help shape organizational futures by 2035, driven by rapid changes in technology, regulations, and global risks. It highlights key areas for internal audit transformation, including routine adoption of advanced technologies like AI, expanding skill sets beyond traditional finance backgrounds to include cybersecurity and ESG, and increasing involvement in advisory and strategic decision-making. The article also stresses overcoming outdated perceptions of internal audit as a policing function, building a stronger talent pipeline, fostering recognition and motivation among auditors, and embracing a forward-leaning mindset to thrive in an increasingly complex business environment.
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