Heads of Internal Audit Lack Confidence in Data-Driven Decisions
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.
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