After a few years of working in an organization’s finance department, you decided to jump into a new career path, which is in the financial audit industry. What skills do you need to develop in order to succeed in an internal audit career?

Thinking of transitioning to a career as an independent external auditor? Or are you a seasoned auditor who wants to upgrade your skills? Regardless of the stage you are in your career at the moment, you’ll find something useful in this article. This week, we cover the things that you need to know before you make the leap into a career as an external auditor.

Navigating the fast-paced changes in business processes and technology advancement, the business landscape is also becoming more vulnerable to a broad spectrum of risks. The need to respond to these emerging challenges faced by internal auditors is ever increasing, thus bringing in opportunities for the internal audit (IA) function to help them develop their assurance functions internally.

In the first few months of the year, internal audit future trends are a hot topic among internal audit groups across industries. Discussions on hot topics in this field allow internal audit groups to better plan their year-long audit activities and determine which areas of the business they should be focusing on.

  Whether you are a seasoned auditor or just starting in the profession, learning new skills is important to anyone who wants to take their career up the ladder. However, the evolving industry requires more than just the traditional skills expected from internal auditors. Soft skills are now becoming more relevant to the work of auditors.