Trends in auditing responsibilities

The graph below was created using Google’s charting tools.

This horizontal bar graph shows the trends in internal audit responsibilities (tasks) based on a survey conducted by PriceWaterhouseCoopers.  PriceWaterhouseCoopers conducted a survey of the chief audit executives at Fortune 250 companies.

Part of the survey asked respondents to identify internal auditing tasks (functions) that would require increased internal auditing responsibilities.  The graph shows that 90% of the respondents believed that continuous auditing or monitoring would require increased internal auditing responsibilities over the next five years.  Response percentages are as shown on the graph for other responsibilities

This data was taken from a PriceWaterhouseCoopers publication entitled “Internal Audit 2012 – A Study Examining the Future of Internal Auditing and the Potential Decline of Controls-centric Approach”.  You can read this publication by clicking here (PDF file).