In the ever-changing business landscape, internal audit functions face constant challenges to adapt and evolve. The 2024 North American Pulse of Internal Audit report provides a comprehensive analysis of the latest trends, benchmarks, and insights that internal audit leaders need to stay ahead of the curve.
The 2024 North American Pulse of Internal Audit report reveals a profession on a steady recovery path, with budgets (36% increase) and staffing (26% increase) rising after the COVID-19 pandemic. However, this positive trend is accompanied by new challenges: effectively managing the now-standard remote work arrangements (72% operate remotely at least half the time) and addressing the heightened risk in cybersecurity and IT (comprising nearly 20% of audits). Sustainability auditing, however, remains under-addressed despite impending regulations (only 3% average allocation).
This report can help you navigate evolving challenges by exploring these critical areas:
This report can help you navigate evolving challenges by exploring these critical areas:
- Understanding the latest trends and challenges facing internal audit professionals.
- Discovering strategies for managing remote work and leveraging technology.
- Assessing your audit plan allocation and risk levels across cybersecurity, compliance, and sustainability.
- Identifying opportunities for improvement and areas for potential resource allocation.
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