More Than Just a Project! Guidelines for Transforming Audit Analytics in Action

Abstract

Using audit analytics influences all facets of internal audit activities. Audit analytics use is transforming internal audit processes, structures, and relationships with its counterparts. However, empirical research in AA literature often focuses on individual projects and technology adoption issues. This paper fills this void by presenting empirical accounts of how to embark on an AA implementation initiative at the organizational level. Furthermore, we confront our observation with the views and experiences of professionals in the broader internal audit community to translate the exhibited practices into broader contexts. The findings from the case suggest that AA implementation should be approached from the whole-of-organization perspective instead of a fragmented and project-based view, combining formal and informal approaches, and equipped with AA implementation indicators and guidelines. Further studies are fruitful for affirming or expanding this paper’s observations and suggestions and extending its generalizability.