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Internal audit: Driving enterprise value through data analytics

Today’s internal audit environment has to cover ever-expanding risks like cyber, FCPA compliance and much more, and internal audit functions need to keep pace, often with fewer resources. The labor-intensive process of years past has changed and will continue to change swiftly. Aligning risks with organizational strategy is now the most efficient way to conduct audits. A robust data analytics program has become an imperative for internal audit functions — those that haven’t already embraced data analytics to reduce global risk are potentially putting their companies in danger in terms of risk identification and mitigation.

Read the full article to know how data analytics is transforming internal audit