Integrating emerging technologies into internal auditing education: Insights from academia and industry

Abstract

Swift advancement of technology, which includes artificial intelligence (AI), data analytics, robotic process automation (RPA), and blockchain, demands an immediate transformative advancement in the curriculum of internal auditing. Following a qualitative research approach, this study sought to examine academics' and industry perspectives regarding integrating emerging technologies into the internal auditing syllabus. Semi-structured interviews were used to collect data, and thematic analysis was employed to analyse the data. The findings of this study have revealed a mutual agreement between lecturers and industry experts regarding the importance of integrating emerging technology advancements into the internal auditing syllabus. The results also noted various challenges that limit the universities from integrating these digital competencies. Implementation readiness and resource capacity. Furthermore, the findings revealed a need for new pedagogical strategies, alignment of expectations, collaboration, and resource sharing. These findings have implications for academia, industry, policymakers, and professional bodies. There is an urgent need for curricular reconfiguration in the internal auditing syllabus to reflect the digital transformation of the profession. This study contributes to the growing body of literature regarding digital transformation imperatives. To ensure the institutions of higher learning in South Africa continue to meet the needs or demands of the auditing firms. Thus, encouraging universities to produce future-ready internal auditing graduates.