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UK Internal Audit: Are You Prepared for Talent Risk?

UK Internal Audit: Are You Prepared for Talent Risk?

Audit Board
Published by: Research Desk Released: Mar 04, 2022

Brexit and the ongoing pandemic have created a unique set of circumstances for the UK labour market, including internal audit. Learn about the key challenges that may lead to talent shortages and how to assess your talent risk.

Internal audit in the UK is at the brink of a potential labour shortage in the near future, and it’s time to start preparing now. In a post-Brexit world with the COVID pandemic still ongoing, the labour market has already shifted.

During this “Great Resignation” period, almost a quarter of workers are considering a job change. While most of the media coverage focuses on supply chain and logistics workers, internal audit and other white-collar professions are likely to feel pressure from pending changes as well.

Talent shortages caused by Brexit immigration policies, COVID burnout, and a pre-existing skills gap will lead to increased talent risk within internal audit across the UK.

Download a copy of Increased Talent Risk Coming to UK Internal Audit to read more about:

  • The exacerbation of the skill set gap, as internal audit requires a variety of both soft and hard skills. How Brexit-related immigration policies are impacting the availability of talent.
  • How COVID has tightened constraints on staffing and disproportionately affected women’s participation in the workforce.
  • Questions to ask to assess your talent risk and prepare for a potential talent shortage.