The 2023 Internal Controls Poll: The Effects of Digital Transformation on Internal Controls

The effects of digital transformation on internal controls. Internal control is defined by the Committee of Sponsoring Organizations of the Treadway Commission (COSO) as a process, effected by an entity’s board of directors, management, and other personnel, designed to provide reasonable assurance of the achievement of objectives in the following categories:

  • Effectiveness and efficiency of operations
  • Reliability of financial reporting
  • Compliance with applicable laws and regulations

In this poll, we will be asking several questions related to ICFR (internal control over financial reporting) items; how internal controls and internal audit teams are organized and staffed; the evolving role of technology; how digital transformation is impacting internal audit efficacy; and how emerging regulatory reporting is impacting internal audit scope.

Who Should Participate

This quick poll is intended for finance professionals with responsibility or knowledge of their organizations’ ICFR (internal control over financial reporting) controls.

You Will Receive

Participate now and you will receive a report comparing your responses to those of peers and top performers. If your organization has an executive advisory membership, you will have an opportunity to participate in an individual briefing with a Hackett senior advisor.

Data Confidentiality

The poll takes only 20 minutes to complete! Please be assured that your response will remain completely confidential.