2019 Hot Topics for IT Internal Audit in Financial Services
An eye on the future
We are pleased to issue our latest review of the information technology hot topics for Internal Audit functions in financial services.
The paper is informed by a survey across financial service organisations and our discussions over the past 12 months with Chief Internal Auditors, Heads of IT Audit and IT Audit professionals, who have openly discussed their areas of focus and the organisational challenges in relation to their firms’ technology control environment
The paper also includes a commentary on the challenges that IT Internal Audit functions are facing, based on the results of our survey, our viewpoint on the effective IT internal audit of the future, and our perspective on its role in the continuous evolution of Internal Audit functions. The detailed viewpoints by topic reflect our analysis on how internal audit should address these areas
IT Internal Audit Hot Topics for 2019, as identified through our annual survey of Heads of IT Internal Audit in the Financial Services sector
Figure 1. The size of the bubble reflects the ranking in this year’s list, while the horizontal axis shows the threat environment - internal or external to the organisation. The vertical axis classifies the topics across the spectrum of existing/known, new and emerging risks.
The Internal Audit profession has not been forced to innovate for decades. Organizations and their environments are changing faster than ever and in ways that are less predictable
2018 Global Chief Audit Executive survey report