Security News > 2022 > March > The challenges audit leaders need to look out for this year

The challenges audit leaders need to look out for this year
2022-03-23 05:00

Attracting talent with nontraditional skills to audit is the top challenge for audit leaders this year, according to Gartner.

A July 2021 survey of 166 audit leaders revealed that making the leap to more advanced analytics applications, improving IT auditing practices, and providing sufficient assurance over cybersecurity were also serious concerns for audit leaders in 2022.

"Audit leaders continue to experience skills gaps in their departments and are actively seeking to fill those gaps with specialized talent who have data science, IT and cyber skills," said Leslee McKnight, director, research for the Gartner Audit and Risk practice.

"A hot jobs market, and increasing demands on auditors, mean that many audit leaders are struggling to retain the staff they have," said McKnight, "Over a third of audit leaders report that high-performing talent is leaving their organization."

The difficulty in attracting talent to internal audit is a major factor driving many of the other top challenges facing audit leaders.

"This apprehension from audit around technology comes at a time when 60% of audit departments are planning to increase audit technology spending this year," said McKnight.


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