The fast pace of business is pressuring internal auditors to speed up their audit cycles and processes, creating momentum for the increased use of โ€œcontinuous auditing,โ€ according to a study by PricewaterhouseCoopers.

The study, PwCโ€™s annual โ€œstate of the industryโ€ report on internal auditing, found that 81 percent of 392 companies surveyed say they either already have a continuous auditing process or plan to develop one.