Internal audit, financial services, exponential change, technology

Insights

Exponential change

Financial Services Internal Audit Priorities

Financial Services organisations continue to operate in an environment of exponential change due to continued advances in technology, adoption of new regulations as well as competition from new entrants to the sector.

Internal Audit Departments will need to keep abreast of technology developments, adjust to new regulatory requirements while managing emerging risks and meeting ever expanding stakeholder expectations.

Internal Audit Departments have to adjust and adapt to the regulatory requirements and emerging risks. This change presents a unique opportunity to lead as a catalyst for change in their organisation for the longer term. This publication explores different audit approaches, methodologies and resource models to best equip Internal Audit Departments in addressing these exponential changes.

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