Top Topics for Audit 2024
Advisense recently hosted a webinar on hot audit topics to consider for 2024. The Institute of Internal Auditors (IIA) annually releases a report – Risk in Focus. The report compiles the results through a qualitative survey among Chief Audit Executives (CAEs) across 15 European countries (over 800 responses). Two years ago, it was mainly focusing on risks driven by the pandemic. Last year the report highlighted the impact of the war in Ukraine. This year the report very much highlighted the same risks as the geopolitical and national security risks are increasing which causes supply chain challenges, high inflation, cyber threats and more.
So, what can we as internal auditors do? Well, given the risks and changes in the risk universe, Advisense has identified several areas that we find are relevant to consider in the upcoming audits for 2024.