Ways to improve internal audit in enterprises in the digital economy

Аннотация

In today’s rapidly evolving digital economy, enterprises face unprecedented challenges and opportunities. With
the pervasive integration of technology into business processes, the role of internal audit has become increasingly crucial
in ensuring effective risk management and regulatory compliance. This paper explores various strategies to enhance
internal audit practices within enterprises operating in the digital landscape. Drawing upon a synthesis of existing literature
and empirical insights, this study identifies key areas where internal audit functions can be strengthened to better
adapt to the demands of the digital economy. Firstly, it underscores the importance of embracing advanced data analytics
and artificial intelligence tools to enhance audit efficiency and effectiveness.