May 2026

gaglanijigar9.substack.com · May 25, 2026

AI, Audit, and Awakening: A New Perspective for Assurance Professionals in a Dynamic World

This article introduces a new platform dedicated to exploring the intersection of artificial intelligence, audit practices, and personal well-being for assurance professionals. It highlights the increasing pressures and opportunities within the audit landscape, particularly in regions like Oman, and advocates for a holistic approach that integrates technological proficiency with ethical leadership and inner wisdom. The author, a Senior Director at PwC Oman, aims to provide practical insights on AI tools, regulatory updates, and mindfulness to help professionals navigate complex environments and find deeper purpose in their work.

News & Blogs · Global Read more

linkedin.com · Curated 2 months ago

From Proof of Concept to Proof of Control: The New Architecture of Enterprise AI Success

As AI adoption matures, organizations are shifting focus from mere capability to reliable, transparent, and governed execution. This article highlights the critical need for robust control frameworks in enterprise AI deployments, moving beyond initial proofs of concept to ensure 'proof of control.' It emphasizes that successful AI integration hinges on strong governance, risk, and compliance (GRC) strategies, rather than just technological prowess.

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linkedin.com · Curated 2 months ago

AI Governance: Beyond Frameworks to Execution

Many organizations struggle with AI governance despite familiarity with frameworks like NIST, COSO, and ISO 42001. The core issue isn't a lack of frameworks but a failure in execution, as evidenced by the inability to identify a single AI system with a complete risk assessment, tested controls, and an audit trail. True progress in AI governance begins with a simple, actionable approach: selecting one AI system, assigning accountability, designing and testing a single control, and documenting the evidence.

Social & Media · Global Read more

linkedin.com · Curated 2 months ago

Will AI Disrupt the Traditional Audit Fee Model?

AI is poised to transform the audit landscape, potentially reducing fees in standardized areas while simultaneously expanding the scope of assurance. While some efficiencies may be passed to clients, significant investments in AI technology and increased risk premiums could offset these gains. The audit pricing model is expected to shift from hourly rates to platform-enabled fixed fees and continuous assurance subscriptions.

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Blog · Curated 2 months ago

AI's Impact on Audit Management: Adapt or Be Left Behind

The traditional role of Big 4 audit managers is undergoing a significant transformation due to the rise of Artificial Intelligence. While AI will automate routine tasks, the core functions requiring judgment, skepticism, and client interaction will remain, necessitating a new skill set for future audit leaders. Audit managers must adapt to manage risk, interpret AI outputs, and coach smaller teams to stay relevant in an evolving landscape.

Social & Media · Global • 2 min read Read more

linkedin.com · Curated 2 months ago

Beyond the Lines™ – Issue 38: Bridging the Gap Between Assurance Process and Operating Reality

Tim Buckley's "Beyond the Lines™" newsletter, Issue 38, highlights a critical disconnect in internal audit: organizations are often adept at managing audit processes but fail to translate audit insights into tangible improvements in operational reality. Drawing on subscriber feedback, the article identifies common challenges such as control theater, diluted ownership, and the pursuit of 'audit-ready' status over genuine resilience. It emphasizes the need for internal audit to focus on whether controls truly reduce risk and if management actions address root causes, rather than merely satisfying procedural requirements.

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Blog · Curated 2 months ago

Internal Audit Must Prepare for the Inevitable AI Backlash

The article warns internal audit professionals to prepare for an impending backlash against Artificial Intelligence, drawing parallels to historical technological shifts. It emphasizes that while AI offers significant potential, its adoption will face scrutiny, disappointment, and challenges to its reliability and the ownership of judgment. Internal Audit leaders are urged to proactively establish defensible AI governance frameworks to ensure accountability, traceability, and human oversight.

Social & Media · Global • 3 min read Read more

drrainerlenz.wordpress.com · May 12, 2026 · Curated 2 months ago

Dr. Rainer Lenz Celebrates 1,500 Citations, Advocates for Relational Coordination Theory in Corporate Governance

Dr. Rainer Lenz recently achieved 1,500 citations on Google Scholar, highlighting the significant impact of his research, particularly a 2015 paper on internal audit. He emphasizes the underutilized potential of Relational Coordination Theory (RCT) to analyze and improve coordination dynamics within the corporate governance ecosystem, urging more research into how boards, executives, internal audit, risk, and compliance functions interact.

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drrainerlenz.wordpress.com · May 18, 2026 · Curated 2 months ago

Dr. Rainer Lenz Celebrates 500 Citations, Ponders Internal Audit's Future Amidst AI Disruption

Dr. Rainer Lenz marks a significant milestone with 500 citations for his 2015 paper on internal audit effectiveness. This achievement prompts a critical discussion on the evolving landscape of assurance, objectivity, independence, and the Three Lines Model in the age of artificial intelligence, urging internal audit professionals to consider how these foundational concepts will adapt to new realities.

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drrainerlenz.wordpress.com · May 16, 2026 · Curated 2 months ago

Gardener of Governance™ Award Expands to Johannes Gutenberg-Universität Mainz, Fostering Future Internal Audit Leaders

The Gardener of Governance™ Award, which recognizes and encourages critical thinking in future internal audit professionals, is expanding its reach. Following its successful launch at the University of Pretoria, the award will now be introduced at Johannes Gutenberg-Universität Mainz, supported by the Würth Group. This initiative is crucial for the internal audit profession as it aims to bridge the gap between theory and practice, nurturing the next generation of auditors to understand and articulate internal audit's value proposition within corporate governance.

News & Blogs · Europe Read more