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New Internal Audit Standards raise the bar for CAEs on technology strategies

Traders work on the floor of the New York Stock Exchange.
Photo: Michael M. Santiago/Getty Images

How CAEs can develop and implement a technology strategy to ensure the audit function is well-equipped to meet the requirements of the Standards.

With the new Global Internal Audit Standards coming into effect soon, internal audit leaders are implementing many of the updates outlined by the Institute of Internal Auditors (IIA). One new requirement that has garnered much attention is the need to create an Internal Audit strategic plan that encompasses every facet