Chief Audit Executive Survey

Insights

Heads of Internal Audit Survey 

Internal Audit: Evolution or irrelevance? 

Internal Audit stands at an evolutionary crossroads. Stakeholders need more than ever from Internal Audit as organisations face new risks, regulations, technologies, and challenges. How the function responds to these challenges in the next few years will determine its performance, value, and relevance to the organisation.

Heads of Internal Audit Survey

David Kinsella gives some of the key highlights arising from our recent Heads of Internal Audit Survey.

With the participation of over 1,200 Chief Audit Executives (Heads of Internal Audit/ CAEs) in 29 countries and a full range of industries, this is Deloitte’s most comprehensive survey of Internal Audit to date.

Key Findings:

  • Almost all CAEs expect their organisations and their functions to change substantially in the next few years.
  • Internal Audit lacks the impact and influence that it wants and needs within the organisation.
  • The majority of CAEs are not satisfied with the skills and capabilities within their departments. Key gaps in specific skills, such as specialised IT and analytics, must be addressed in order to increase Internal Audit’s impact and influence.
  • Significant opportunities exist to expand the use of analytics in Internal Audit and CAEs expect to do so.

CAEs currently have real opportunities to shape the evolution of their functions, organisations and profession. Capitalising on those opportunities calls for taking action. Now. 

Download the survey report
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