Internal Audit: Integrating Analytics



Analytics is helping to redefine how internal audit groups operate within large organizations. Advances in information technological allow audit groups, particularly those in the financial services arena, to serve as a value-adding advisor to senior management. As a result, internal audit groups can offer comprehensive audits that better detect risks while shoring up internal controls.

In this article, you will discover how:

  • The use of trending analysis in audit planning,
  • analytics improves the way internal audits are conducted, and
  • more focused audits provide better results than random data pulls.

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