ABSTRACT

This research article explores the future of internal audit in the face of rapid technological advancements and evolving business landscapes. It highlights the transformative impact of emerging technologies, such as artificial intelligence (AI), robotic process automation (RPA), and data analytics, on internal audit practices. The field of internal audit is constantly evolving, and as we move into the future, it’s important to stay ahead of the curve. One key aspect of this evolution is the increasing importance of abstract thinking in internal audit. Abstract thinking allows auditors to see beyond the surface level and identify underlying patterns and trends that may not be immediately apparent. This can help organizations to better understand their risks, identify areas for improvement, and ultimately make more informed decisions. As we look to the future of internal audit, it’s clear that abstract thinking will play an increasingly important role. By embracing this approach, auditors can bring a new level of insight and value to their organizations, helping them to navigate an ever-changing business landscape with confidence and agility. The article also emphasizes the evolving role of internal auditors as strategic partners, trusted advisors, and guardians of organizational value. It concludes by offering insights into the skills, capabilities, and mindset required for internal auditors to thrive in the digital age.