Martin Wiedemann is a Partner at EY Stuttgart, Germany with a long-lasting experience in the area of Auditing and Advisory of local as well as international companies. He is an expert in the field of implementation, leadership and execution of Internal Audit functions as well as Internal Control Systems and Risk Management. Martin is responsible for the Internal Audit Services on EMEIA level (Europe, Middle East and India).
He has more than 28 years of work experience and he has been with EY since 1999. He also is a Certified Internal Auditor (CIA) and Certified Internal Audit Quality Assessor.
Martin established and led EY Risk Services in Qatar (2004) and CIS (2005-2008) and is now leading the EMEIA Internal Audit Practice. He leads various EY teams providing outsourcing and co-sourcing services for Internal Audit functions in automotive, chemicals, utilities and manufacturing sectors. He also was a team leader for the execution of Functional Performance Assessments of major companies in Germany, Qatar and Russia.
Meanwhile Martin is EY’s global project leader for the creation of the fully digitalized internal audit function.
‘‘Digitalization and the effects on Internal Audit‘‘
How does the role of Internal Audit evolve in light of the disruptions caused by digitization?
Disruptive forces are causing organizations to consider transformation plays. Businesses must deal with challenges caused by the digital revolution: the move to digital processes and business models; complex regulatory oversight; proliferation of social media and disruptive new technologies that promote increased connectivity and a demand for new skills. IA has to evaluate, if the function is ready to digitalize itself, to lead the “digital journey” for the organization and to take on the challenge to deliver more comprehensive solutions?
The presentation offers highlights on how internal audit functions need to act and respond to the digital revolution. It is designed to be provocative. Our Goal is to stimulate new thinking and challenge current paradigms. Each organization’s journey will be different and unique.
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