Assessing the Results of Protiviti's 2022 Next-Generation Internal Audit Survey Innovation and Transformation Are Driving the Future of Internal Auditing The past two years have seen unprecedented levels of innovation and transformation among organizations worldwide as they have pivoted and adapted in response to a historic global pandemic. Innovation and transformation are now mainstays in ensuring businesses stay relevant and competitive. This unquestionably is a mindset that CAEs and their internal audit teams must adopt – and many have. If the internal audit function has yet to undertake any form of innovation or transformation activities, it is missing opportunities to remain relevant, lagging the competition, and likely building barriers to accessing and developing talent. Resources Global Results Innovation is about the creation of ideas and how those ideas can translate into value. It is about new and different ways of thinking and working, performing established activities in new and better ways, and pursuing new ideas. Download PDF Infographic Has your internal audit department completed or is your internal audit department currently undertaking any transformation or innovation initiatives? Download PDF Podcast The past two years have seen unprecedented levels of innovation and transformation among organizations worldwide as they have pivoted and adapted in response to a historic global pandemic. Innovation and transformation are now mainstays in ensuring businesses stay relevant and competitive. Webinar On Demand During this webinar, we will engage in a lively discussion about this year's findings, with a particular focus on how most audit functions need to quickly improve their acquisition and development of next-generation auditing skills. Key Findings Internal audit teams are focused more on innovation and transformation. Large organizations tend to be further along in their journey, but smaller ones are not far behind. Close to half of internal audit teams see a high or medium level of return on investment (ROI) resulting from innovation and transformation initiatives, while a majority of CAEs see these levels of ROI. There may be an over-reliance on training and developing current staff to support innovation and transformation efforts. View Previous Volumes 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 According to the results of our latest Next-Generation Internal Audit Survey, two out of three internal audit functions worldwide have completed or are currently undertaking one or more transformation or innovation initiatives. Our Leaders Andrew Struthers-Kennedy Andrew is Protiviti’s Global Leader of Internal Audit & Financial Advisory services. He is responsible for the strategy, offerings, consulting delivery and external alliance partnerships for all Protiviti's internal audit capabilities, including technology audit, ... Learn More
