LOB Salary Guide AUDIT - Flipbook - Side 10
10
Key factors affecting audit recruitment
Every year, the Chartered Institute of Internal Auditors
(IIA) publishes its Risks in Focus report, highlighting the
hot topics for the profession over the coming 12 months.
Of the issues raised in its 2023 edition, the three that are
affecting recruitment decision-making the most are:
> Climate change and environmental sustainability
> Cybersecurity
> Macroeconomic and geopolitical risk
From a sustainability perspective, our consultants
are reporting a notable increase in the number of
candidates in financial services (FS) who want to take
the CFA Institute's Certificate in ESG Investing or a
similar qualification. Demand for ESG audit specialists is
relatively low at the moment, but this is likely to change
as the focus on the environment and climate change
continues to intensify.
Cybersecurity was the IIA's top risk for 2023, a spot it
has held for five consecutive years. Cyber skills remain
highly sought after, with employers particularly on alert
after the UK's National Cyber Security Centre urged
organisations to bolster their defences following Russia's
invasion of Ukraine last year.
Along with the pandemic, the Russia-Ukraine conflict
has been a major factor in global supply chain
issues, leading many commerce firms to reassess
their exposure to these risks and seek auditors with
appropriate skills and experience in this area.