According to the Ernst & Young
Global Internal Audit Survey , 44% of
companies’ internal auditors have implemented a
continuous auditing program to:
Follow up on implemented
Identify control deficiencies
Identify potential fraud
Why aren’t the other 56% of respondents using
continuous auditing? The top three reasons given
1. Do not
see the value (40%) 2. Lack of skills within
internal audit (25%) 3. Budget constraints
Source: Ernst & Young LLP’s
Global Internal Audit Survey , www.ey.com.
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