With digitalization, robotics and business transformation gaining more momentum in organizations every day, Protiviti's new Internal Audit Capabilities and Needs survey shows that internal audit needs to embrace analytics – and fast.

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For more information, read our research report, Analytics in Auditing Is a Game Changer (key findings from
Protiviti’s 2018 Internal Audit Capabilities and Needs Survey), available at protiviti.com/IAsurvey.
Analytics in Auditing Is a Game Changer
With digitalization, robotics and business transformation gaining more momentum in
organizations every day, internal audit needs to embrace analytics – and fast, according
to the global results of Protiviti’s 2018 Internal Audit Capabilities and Needs Survey.
Internal audit departments that currently utilize data
analytics as part of the audit process
Relationship between audit committee interest in
analytics and level of information shared with the
audit committee about the use of analytics in
auditing activities
63%
North America
Organizations rating the quality of available data
for analytics purposes to be excellent or very good
76%
Europe
76%
Asia-Pacific
On a scale of 1 to 10, where 10 is a high level of value
and 1 is little or no value, rate the level of value that
your internal audit department receives from utilizing
data analytics as part of the audit process:
28%
North America
58%
Europe
59%
Asia-Pacific
All organizations
performing
analytics
6.8
4% 13% 59%
31% 71% 37%
61% 9% 1%
7.1 7.2
7.8
Organizations
with analytics
champions
Organizations
with dedicated
data analytics
function
Organizations
at a higher state
of analytics
maturity
Other key survey findings
Top 8 Audit
Plan Priorities for 2018
• Fraud risk management
• Cyber security risk/threat
• Vendor/third-party risk management
• Enterprise risk management
• New revenue recognition standard
• Agile risk and compliance
• Auditing corporate culture
• Cloud computing
60%of organizations plan to
add headcount to the data analytics
function over the next 12 months
Audit committee interest level
Low Medium High
High
Medium
Low
Levelofinformationsharedwithauditcommittee