It is important to always pay attention to industry trends to remain
prepared for future audits. Deloitte, a large accounting firm talks
about integrated assurance and cyber internal audits as two major
trends and innovations of the future. Improving auditing procedures
and activities is a large focus of auditing trends.
The utilization of integrated assurance allows for increasing the
visibility of risks and allows for viewing of the company's risk
management plans. This also helps to decrease organizational
burdens, create dependable business transactions and further
company insight strategies (White &Adams, 2019). On the other
hand, cyber internal audits are used to protect businesses from cyber
activity dangers. Internal audits find cyber activity perplexing as there
is a great loss of resources.
N. White & S. (2019, March 19). Internal Audit Future Trends.
Retrieved October 27, 2022 from
https://www.2.deloitte.com/us/en/pages/risk/articles/internal-
audit-future-trends.html
