A survey of nearly 200 chief audit executives reveals the significant value derived from data analytics in internal audit activities such as fraud detection and compliance monitoring. Key insights include the correlation between analytics usage and perceived value, the importance of technology enablers like dedicated analytics resources, and common inhibitors like poor data access. Strategies for enhancing analytics ROI involve continuous auditing, risk sensing, data-driven reporting, and overcoming IT vulnerabilities. The survey highlights the importance of strategic focus, skilled talent, and technology for maximizing analytics value.

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