2024 North American Pulse of Internal Audit

2024 North American Pulse of Internal Audit

 

2024 North American Pulse of Internal Audit

Are your internal audit resources keeping pace with the industry?

In the ever-changing business landscape, internal audit functions face constant challenges to adapt and evolve. The 2024 North American Pulse of Internal Audit report provides a comprehensive analysis of the latest trends, benchmarks, and insights that internal audit leaders need to stay ahead of the curve.

The 2024 North American Pulse of Internal Audit report reveals a profession on a steady recovery path, with budgets (36% increase) and staffing (26% increase) rising after the COVID-19 pandemic. However, this positive trend is accompanied by new challenges: effectively managing the now-standard remote work arrangements (72% operate remotely at least half the time) and addressing the heightened risk in cybersecurity and IT (comprising nearly 20% of audits). Sustainability auditing, however, remains under-addressed despite impending regulations (only 3% average allocation).

This report can help you navigate evolving challenges by exploring these critical areas:

  • Understanding the latest trends and challenges facing internal audit professionals.
  • Discovering strategies for managing remote work and leveraging technology.
  • Assessing your audit plan allocation and risk levels across cybersecurity, compliance, and sustainability.
  • Identifying opportunities for improvement and areas for potential resource allocation.

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