Ebook

Many internal audit teams are struggling to manage burgeoning risks with limited resources — leading to burnout and staff turnover. In fact, over half of chief audit executives named talent management as a top five risk for this year in a survey conducted by the European IIA.

While audit leaders may feel that they have no time to focus on attracting, upskilling, and retaining talent, The IIA’s updated Standard 10.2 mandates that CAEs “establish an approach for developing and retaining qualified internal auditors.” Businesses that do so are also significantly more likely to achieve positive human and business outcomes. Teams with a healthy environment where auditors have the ability to learn and grow in their careers will not only produce better work, but also attract quality employees.

Tools like AI, analytics, and holistic GRC platforms are an essential part of an effective talent management strategy. These technologies help ease the burden of expanding workloads and enable your auditors to take on more meaningful, high-value initiatives that foster growth and development.

Download Leverage AI to future-proof your audit department, a guide with resources for building an audit team that’s ready for whatever the future brings, including: