Adoption of ERP system also creates a need
for additional skills in the internal audit groups. In
the new environment, internal auditors have to have
enough knowledge and skills to understand of the
internal workings of the ERP system adopted by the
organization. We asked our respondents to identify
how these additional skills being acquired. The
responses were widely dispersed. Although some
firms were willing to engage outside consultants or
hire new employees, most firms chose to acquire
these skills through training and reskilling current
employees. Most companies view the ERP system as a long-term commitment, are willing to invest in
employees who they believed would stay with the
company. Independent study, classroom instruction,
and seminars were the primary means of staying
current on ERP systems.