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Heads of Internal Audit Lack Confidence in Data-Driven Decisions

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A recent IIA report highlighted than only 29% of senior internal audit managers are confident making data driven decisions.

Data mining and analytic tools are extremely important to the audit department’s ability to perform its responsibilities, according to 37% of survey respondents.

However, sophistication of data analytic tools and the collection and use of data by organisations may impact the rate at which internal audit departments adopt data analytics.

Read the full article here.

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