A majority of companies are beginning to feel the long-term impacts of COVID, many of which are here to stay. This week, AuditBoard, the innovative cloud-based platform transforming how enterprises manage risk, released the results of a survey of Chief Audit Executives (CAEs) that reveals how COVID is impacting operations and the profession at large.
The survey uncovered five key trends respondents believe will have lasting impact on IA teams, including:
- 91 percent of survey respondents believe the use of technology will be more critical to conducting internal audits in the future.
- 68 percent of survey respondents believe IA will likely not return to traditional workplaces, but will work remotely all or part of the time.
- 68 percent of survey respondents believe audit teams will be more focused on innovative means to gather and analyze evidence as part of IA processes.
Download the report, authored by AuditBoard’s Richard Chambers, to read the findings in full.