Transforming Internal Audit: Data Analytics-Enabled Auditing

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Oct. 17, 2013




A Maturity Model From Data Analytics to Continuous Assurance

 

Most organizations take a "tactical and technical" approach toward leveraging data analytics in planning and executing audits and therefore are unable to realize multiple benefits of data analytics-enabled auditing.

However, with a more "strategic and transformative" approach that involves all the business stakeholders, data analytics-enabled auditing can be made more effective and sustainable.

This paper describes a multidimensional reference model illustrating how to take a transformational approach toward audit planning and execution in order to implement sustainable data analytics-enabled auditing.

The paper also explores a maturity model and benchmarking characteristics to depict the maturity of five phases of an audit methodology.

Read Transforming Internal Audit

More from the KPMG Institutes on Continuous Auditing

 

Contact KPMG

Jim Littley    Jim Littley
Global Leader, Continuous Auditing/Continuous Monitoring
jlittley@kpmg.com

 

 

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