Primary strategy to secure talent and skills Governance CAEs/Audit Director Train/develop Co-source Hire Rotation or guest-resource programs Other Internal Audit Strategic Vision 49% 21% 14% 12% 4% Organisational Structure 39% 27% 17% 13% 4% Resource & Talent Management 39% 25% 20% 13% 3% Aligned Assurance 40% 25% 15% 15% 5% All others Train/develop Co-source Hire Rotation or guest-resource programs Other Internal Audit Strategic Vision 41% 27% 18% 12% 2% Organisational Structure 44% 22% 13% 19% 2% Resource & Talent Management 40% 28% 20% 10% 2% Aligned Assurance 40% 24% 14% 17% 5% Methodology CAEs/Audit Director Train/develop Co-source Hire Rotation or guest-resource programs Other Dynamic Risk Assessment 46% 22% 17% 12% 3% Agile Audit Approach 47% 23% 15% 10% 5% High-Impact Reporting 53% 21% 12% 11% 3% Continuous Monitoring 43% 24% 16% 12% 5% All others Train/develop Co-source Hire Rotation or guest-resource programs Other Dynamic Risk Assessment 42% 22% 14% 18% 4% Agile Audit Approach 40% 27% 16% 12% 5% High-Impact Reporting 46% 23% 16% 12% 3% Continuous Monitoring 41% 32% 12% 12% 3% Enabling Technology CAEs/Audit Director Train/develop Co-source Hire Rotation or guest-resource programs Other Advanced Analytics 42% 24% 18% 12% 4% Automation 36% 24% 19% 14% 7% Machine Learning and Artificial Intelligence 24% 32% 21% 13% 10% Process Mining 33% 29% 18% 13% 7% All others Train/develop Co-source Hire Rotation or guest-resource programs Other Advanced Analytics 46% 23% 16% 12% 3% Automation 32% 28% 23% 13% 4% Machine Learning and Artificial Intelligence 36% 24% 21% 13% 6% Process Mining 39% 20% 19% 17% 5% Executive Summary – The Next-Generation of Internal Audit Back to survey home Explore the results of our research Pro Document Consent Building Internal Audit’s Relevance CAEs and internal audit leaders view high-impact reporting and, more broadly, impactful communications as the top driver to establishing and building internal audit's relevance with the board, senior executives and other stakeholders. Pro Document Folder People and Talent A host of talent and skills-related issues represent significant challenges, and opportunities, for CAEs and internal audit leaders and their teams. Pro Location Globe Impactful Communications When identifying the one factor that makes their internal audit functions relevant, the top choice among CAEs and internal audit leaders and professionals is high-impact reporting. Pro System Security Use of Technology Investments in advanced analytics, machine learning, AI, process mining, automation, and other uses for data and enabling technology are key drivers of internal audit transformation. Assessing Next-Generation Internal Audit Maturity Levels View the maturity ratings for CAEs/Audit Directors and other internal audit professionals in Governance, Methodology and Enabling Technology competencies. Access to Necessary Talent and Skills View how CAEs/Audit Directors and other internal audit professionals rate their access to talent and skills within the different Governance, Methodology and Enabling Technology competencies. Board/Management Support for Acquiring/Developing Talent View to what extent senior management and the board/committees support acquiring or developing the necessary talent and skills related to Next-Generation capabilities in the internal audit function. Primary Strategy to Secure Talent and Skills View the strategies being employed to line up the talent and skills needed within the different Governance, Methodology and Enabling Technology competencies. Survey Methodology and Demographics Protiviti conducted its global 2023 Next-Generation Internal Audit Survey online from November through December 2022. More than 550 internal audit leaders and professionals (n = 573) completed the survey questionnaire, two-thirds of whom reported as a CAE or Audit Director.
