The 10 focus areas explore some of the leading business issues technology companies face as they strategize and make investments. An effective IA function will stay current with these issues so it can help monitor related risks and their potential effects. The top 10 list can help ensure that IA allocates its resources to those areas of highest impact to the organization.
Every day, technology companies grapple with challenges such as cyber threats, new industry and business disruption, and regulatory compliance. Our annual edition of the top 10 internal audit focus areas for technology companies outlines the crucial role internal audit (IA)plays in helping technology companies manage some of today’s most important risks.
To provide the greatest value, IA must question the status quo, help improve controls, and identify potential efficiencies and cost savings.This should result in a wide range of benefits, from improved internal control environments to enhanced risk management processes to a more confident audit committee.
KPMG LLP’s (KPMG) selection of focus areas is based on a numberof inputs, including:
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