The World Economic Forum’s Future of Jobs Report 2025 offers a compelling glimpse into how artificial intelligence (AI) and other macrotrends are reshaping the global labor market. For internal auditors, the findings signal both disruption and opportunity. As AI automates routine tasks and transforms business processes, internal auditing is poised to accelerate its evolution from a compliance-focused function to an advisory role.

Illuminating Risks of Complacency and a Potential Path Forward

Previous Future of Jobs Reports signaled turbulence ahead for the accounting and auditing professions, but the warning signs in the 2025 report are unmistakable. The report includes job creation/displacement forecasts for more than 120 occupations between 2025 and 2030. Not surprisingly, occupations such as Big Data Specialists; AI and Machine Learning Specialists; Data Analysts; and Information Security Analysts are 20 occupations expected to grow the most. But a red flag for those in our profession is that Accountants and Auditors are among the 20 expected to decline the most. Accountants and auditors find themselves in company that includes the occupations of Legal Secretaries, Accounting, Bookkeeping and Payroll Clerks, and Data Entry Clerks. In fact, Accountants and Auditors is one of only 25 occupations forecasted to experience net declines in population between now and 2030.

Granted, the report does not specifically forecast trends for the “internal audit” profession, but the report’s implications are unmistakable: “broadening digital access, AI and information processing technologies, and robots and autonomous systems are the primary drivers” for declines in professions such as ours. It is evident that internal auditors who remain committed to traditional roles such as assurance providers are at risk of becoming an endangered species in the AI era.

Meanwhile, the report paints a promising future for occupations such as Risk Management Specialists, Business Intelligence Analysts, and Strategic Advisors – with projected growth for each to be in the top half of occupations according to the research. Those internal audit functions that embrace transformation into advisory roles are likely to be more resilient in the coming era.

The report is packed with additional insights and information and is a must read for those engaged in internal audit strategic planning and even their own career planning.

The AI Impact: Automation Meets Augmentation

AI is expected to be the most transformative force in the labor market by 2030, with 86% of employers anticipating its impact on business transformation.  While AI will automate repetitive tasks, it will also augment human capabilities, enabling internal auditors to focus on higher-value activities such as risk assessment, strategic decision-making, and advisory services.

This shift underscores the need for internal auditors to embrace AI as a tool for enhancing their work rather than viewing it solely as a threat to job security.

Key Skills for the Future Internal Auditor

The report identifies several skills that will be in greater demand across industries, many of which are directly applicable to internal auditing:

• Analytical Thinking: The ability to analyze complex data sets and extract meaningful insights is paramount. Internal auditors must leverage analytical skills to identify patterns, assess risks, and provide actionable recommendations.
• Technological Literacy: Understanding and utilizing AI tools, data analytics platforms, and cybersecurity measures are essential. Internal auditors should be proficient in these technologies to effectively evaluate and monitor organizational systems.
• Resilience, Flexibility, and Agility: As organizations navigate rapid technological changes, internal auditors must adapt quickly to new processes and frameworks, maintaining effectiveness in dynamic environments.
• Creative Thinking: Innovative approaches to problem-solving will enable internal auditors to address emerging risks and develop forward-thinking strategies.
• Leadership and Social Influence: Strong leadership and communication skills are vital for internal auditors to influence decision-making and drive organizational change.

Employers expect 39% of key skills required in the job market to change by 2030, highlighting the urgency for internal auditors to upskill and reskill accordingly. 

Embracing Continuous Learning and Development

The evolving landscape necessitates a commitment to lifelong learning. Internal auditors should pursue continuous education and professional development opportunities to stay abreast of technological advancements and regulatory changes. Organizations are increasingly investing in reskilling and upskilling programs to align their workforce with evolving demands. 

By proactively engaging in these initiatives, internal auditors can enhance their competencies and remain valuable assets to their organizations.

Conclusion: Redefining the Internal Audit Function

The Future of Jobs Report 2025 underscores a pivotal transformation in the role of internal auditors. As AI and other macrotrends reshape the business landscape, internal auditing must evolve to meet new challenges and expectations. By developing critical skills, embracing technological tools, and committing to continuous learning, internal auditors can transition from traditional compliance roles to strategic partners driving organizational success.

This evolution not only secures the relevance of the internal audit function but also positions it as a key contributor to navigating the complexities of the modern business environment.