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As internal audit functions face a continuing talent crunch and demands to support the organisation’s strategic moves in response to external events, chief audit executives (CAEs) are focused on growing internal audit’s relevance with the board, senior executives and other stakeholders.
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Organisations today spend an average of 30% of their IT budgets and invest a fifth of their IT human resources on technical debt management. This research, based on a global survey of more than 1,000 CIOs, CTOs and other technology leaders, underscores the burden created by technical debt and likely is an eye-opener for the CFO.[1]
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The manner that failure is embraced instead of feared in a business can improve the way the company evolves and responds to new market opportunities.
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Protiviti’s recent webinar was attended by over 250 participants, including Board & Audit Committee Members, Chief Audit Executives, C-suite executives and other Management levels across different industries in the MENA region.
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The COVID-19 pandemic has forced businesses to embrace digital technologies. As risks and complexities faced by entities change with the emerging situation, internal audit functions also need to go through a transformation journey and equip themselves with new skills and capabilities.
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Survey Shows Elevated Concerns Around Cybersecurity, Privacy and Compliance for the Technology, Media and Telecom Industry
For the technology, media and telecommunications (TMT) industry, the greatest IT audit concerns in 2022 lie with cybersecurity-related breaches, privacy and regulatory compliance.
