I am sure you won’t be surprised reading this post; It is going to be future of Auditing!
From my point of view, I’ve experienced it during job searching process and since I had data analytics experience, the process was much easier for me.
Internal audit departments are increasingly relying on data analytics technology and hiring more people who have sophisticated data analysis skills, according to a new survey.
The survey was provided by Protiviti polled Internal Audit professionals, and the result was that demand for data analytics has increased.
In the era of Big Data, there are lots of opportunities to capture and utilize data analytics. The ability to assess, monitor and even create predictive behaviors from data sets around business processes assists auditors and stakeholders to increase the ability to adapt and adjust their businesses accordingly.
As Michael Cohn mentioned in article, The future Auditing is bright, but it involves an evolving skillset that the auditor needs to have mastered a number of disciplines.