June 2026

gaglanijigar9.substack.com · Jun 3, 2026 · Curated 1 month ago

The Human Element: Why AI Alone Isn't Enough for Robust Auditing

This article emphasizes that while AI excels at processing vast datasets and identifying anomalies, human judgment, professional skepticism, and ethical considerations remain paramount in auditing. It highlights the risk of weakening professional skepticism if auditors over-rely on AI outputs without critical interrogation, especially in fast-evolving environments like the Gulf region. The author advocates for a balanced approach where AI handles volume, and human auditors provide the crucial context, experience, and ethical oversight necessary for sound conclusions.

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richardchambers.com · Jun 1, 2026 · Curated 1 month ago

Boardroom Culture: A Critical Governance Risk Internal Audit Must Acknowledge

Recent events, such as the removal of BP's chairman, highlight that governance risks extend to the boardroom itself. Internal audit and assurance professionals must recognize that a board's culture directly impacts its oversight quality and can pose significant threats to an organization's long-term success and ethical conduct. This article emphasizes the need for boards to critically self-assess their own dynamics and for internal audit to be attuned to signs of deteriorating governance culture.

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richardchambers.com · Jun 1, 2026 · Curated 1 month ago

CEO Conduct: A Critical Enterprise Risk Internal Audit Must Monitor

This article highlights that while CEOs can drive significant value, their conduct and leadership style can also introduce substantial enterprise risks. Internal audit and assurance professionals must recognize that leadership risk is a critical component of overall enterprise risk, requiring vigilant oversight from boards and internal audit functions. The piece outlines key indicators of problematic CEO behavior and provides actionable questions for boards to assess and mitigate these risks effectively.

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profgmedia.com · Curated 1 month ago

The War on Waymo: Autonomous Vehicles Face Mounting Opposition from Labor Unions and Public Sentiment

Autonomous vehicle (AV) companies like Waymo are encountering significant resistance from labor unions, particularly the Teamsters, and a skeptical public, despite AVs' proven safety benefits. This opposition, exemplified by New York City's decision to let Waymo's testing permit expire, highlights a growing conflict between technological advancement and job displacement concerns. The article argues that while technology ultimately prevails, a more effective strategy for labor would be to negotiate for worker protections rather than attempting to block innovation entirely.

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linkedin.com · Curated 1 month ago

AI in Internal Audit: From Productivity Tool to Assurance Discipline

Artificial intelligence is rapidly integrating into internal audit functions, offering significant benefits but also introducing new risks. This article emphasizes that internal audit must carefully adopt AI as a controlled capability while simultaneously providing independent assurance over the enterprise's own AI governance. The core message is that AI should enhance, not replace, human judgment and accountability in auditing.

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May 2026

wolterskluwer.com · Curated 1 month ago

ITGC SOX: Foundations and Key Steps for Compliance

This article from Wolters Kluwer's TeamMate explores the critical role of IT General Controls (ITGCs) in achieving Sarbanes-Oxley (SOX) compliance. It details what ITGCs are, how they differ from IT Application Controls, and outlines essential steps for implementation, risk assessment, and continuous monitoring to ensure the integrity of financial reporting.

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linkedin.com · Curated 1 month ago

Effective Delegation: Enlist Your Team, Don't Just Assign Tasks

This article challenges the traditional view of delegation as merely offloading tasks to free up a manager's time. Instead, it advocates for a more strategic approach where leaders "enlist" their team members by explaining the "why" behind a task, fostering a sense of ownership and meaning. This method aims to strengthen the team and enhance engagement, moving beyond simply assigning duties.

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linkedin.com · Curated 1 month ago

Using Mission Chains for Strategic Internal Audit Planning

Internal auditors often focus on risks and controls, but this article argues for a top-down approach centered on organizational mission and strategic priorities. By understanding what truly matters to executive leadership and the board, auditors can identify "mission chains" – the connected paths for activating strategic initiatives. This method ensures audit work is strategically relevant, moving beyond traditional risk assessments and past audit plans to focus on current organizational goals.

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linkedin.com · Curated 1 month ago

Strategic Auditing: Prioritizing the Board's Needs for Enhanced Impact

This article argues that for internal audit to truly be strategic, it must prioritize serving the Board of Directors. By focusing on the Board's need for an accurate and independent view of organizational reality, internal auditors can elevate their function beyond departmental concerns and provide critical insights into governance effectiveness. The author outlines practical steps for Chief Audit Executives to begin this transition, even without direct Board engagement initially.

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theauditexplainer.wordpress.com · Feb 12, 2025 · Curated 1 month ago

Beyond Assurance and Consulting: Rethinking Internal Audit's Value Proposition

This article challenges the traditional binary view of internal audit engagements as solely 'assurance' or 'consulting.' It argues that a third, more impactful approach exists, focusing on providing actionable recommendations without formal opinions. This perspective encourages internal auditors to move beyond a 'police' image, foster stronger management relationships, and strategically align with organizational objectives, ultimately enhancing internal audit's unique value.

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