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Internal Auditors’ Competency in Modern Audit Era

Internal auditors’ competency in Modern Audit Era

Align with digitalization in this corporate world, auditor must be competence in adapting future changes.

Focus area to keep track on the modernization in audit:

  1. Expectation, trust, and engagement of board and senior management and all stakeholders
    • Internal auditor must be able to accustom their need

  2. Current trends of Internal Audit
    • Internal auditor must embrace digitalization enhancement
    • Internal auditor must also have RPA mindset

  3. Future of Internal Audit
    • Internal auditor must upgrade their knowledge and skills in future internal audit such as Analytics, Data based, System based
  4. Key resource of audit function
    • Retain right talent
    • Internal auditor must consistently upskilling and add value on Internal Auditors both in digitalization and industry knowledge

  5. Build agility operating model
    • Internal auditor must be able to move and change faster to adapt on transformation of internal audit.

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