Emerging Technologies as a Risk Factor in Internal Audit Environment

Globalization and technology diffusion are at the heart of the 21st century. Cloud computing frameworks which provide storage and information sharing mediums for organisations and social media platforms which provide means for product advertisements and sales order placement etc. have led to significant changes in the way organisations obtain and process data. However the adoption of modern day technologies is not only beneficial but also poses threats to auditors in business organisations.This study examines emerging technologies as a risk factor in internal audit environment.