Future Trends - Audit Expectations for 2015

Russell A. Jackson has penned an article in the December 2014 edition of Internal Auditor calling for big changes for internal auditors, entitled 2015 The Year Ahead.  Pulling together an expert panel from industry, he sees changes including a greater use of data analytics and predicative modelling, skill sets (including the move towards use of a broader set of expertise such as IT and systems, engineering awareness, and management expertise), and lastly rising shareholder expectations.  The later includes a shift from value protection to firm wide enhancement, such as risk assessment and management of emerging risks.

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