A PwC Study revealed that CAE's understand the value of analytics in improving coverage, depth and quantification of issues, and a more continuous risk assessment process. Yet just 31 percent of Internal Audit functions use data analytics with any regularity. Advancements in analytical tools coupled with exponential growth of data are paving the way for companies to generate powerful, timely and indisputable insights and answers to questions on complex issues. Business management, risk and audit committees, boards, and even regulators use data analytics extensively to understand and monitor the business. As the risk landscape continues to change, Internal Audit functions that leverage a more quantitative, data-driven approach to identifying and assessing risk can have a dramatic effect on audit coverage, quality, efficiency and relevance.

What can your organization be doing to move the needle towards greater utilization of analytics? On this webcast PwC explores the opportunities that exist for Internal Audit functions to capture the widespread and known benefits data analytics has to offer.

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