The top focus areas for chief audit executives in 2023 are advancing DataAnalytics , providing assurance on proliferating digital risks, and talent management, says Gartner_inc ~
The top focus areas for chief audit executives in 2023 are advancing data analytics, providing assurance on proliferating digital risks, and talent management, according to Gartner.
The primary challenges for audit departments reflect the increasing need for audit teams to provide assurance over rapidly evolving technologies, expanded digital transformation, and increased department efficiencies. To achieve these needs, CAEs are concerned about digitalising their audit departments and having the right talent and capacity to provide effective assurance over cyber and IT-related risks.
While organisations’ assurance needs in the current environment present CAEs with a unique opportunity to elevate the influence of audit in the organisation, expanding demands also exacerbate the assurance challenges CAEs often struggle to solve. While most CAEs are focused on keeping up with a rapidly evolving cybersecurity landscape, many lack confidence in their teams’ ability to provide appropriate cybersecurity coverage.
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