February 2026

wolterskluwer.com · Curated 5 months ago

From Innovation to Regulation: How Internal Audit Must Respond to the EU AI Act

The EU AI Act, set for full enforcement by 2026, introduces the world's first comprehensive regulatory framework for artificial intelligence, classifying AI systems by risk level. This legislation has extraterritorial reach, impacting organizations globally, not just within the EU. Internal audit functions must proactively adapt to this new regulatory landscape by building AI literacy, integrating AI risk into audit planning, and developing methodologies to ensure compliance and effective AI governance.

News & Blogs · Europe Read more

Blog · Curated 5 months ago

Internal Audit Report - A practical professional template

Anurag Nahta introduces Internal Audit Report, an ebook created to make audit reporting more practical and useful for management—not just impressive on paper. It offers a realistic, easy-to-use template and a checklist booklet designed to help teams maintain effective systems rather than produce formal reports that get ignored.

Tools & Technology · Global • 1 min read Read more

linkedin.com · Curated 5 months ago

Audit vs. Forensic Investigation: Understanding the Critical Differences

This article clarifies the fundamental distinctions between a traditional financial statement audit and a forensic investigation, two often-misunderstood disciplines within accounting. While both require technical skill and professional skepticism, their objectives, scope, and evidentiary standards diverge significantly. The author emphasizes that audits provide reasonable assurance on financial statements, whereas forensic investigations aim to uncover truth and gather admissible evidence for legal proceedings, highlighting that auditors are not guarantors of fraud detection.

Social & Media · Global Read more

linkedin.com · Curated 5 months ago

First Reflections on Internal Audit: Surprises and Challenges After Three Months

A professional transitioning from Compliance to Internal Audit shares initial observations on the function's current state. The author highlights the need for more vibrant community engagement, a shift from exhaustive to relevant auditing, and a focus on forward-looking, value-driven reporting. The article also touches on the importance of client-centric processes and balancing assurance with advisory roles.

Social & Media · Global Read more

jenniferkdeines.com · Curated 5 months ago

Welcome to My Corner of the Internet: An IT Audit & Compliance Journey

Jennifer K Deines, an IT Audit & Compliance professional with 17 years of experience, launches a new blog to share her technical learning journey and insights. She aims to provide a space for experienced professionals to explore new skills without hesitation, fostering a community for those navigating the ever-evolving fields of audit, security, and technology. Deines emphasizes the importance of adaptability and continuous learning, sharing personal anecdotes and professional development plans.

News & Blogs · North America Read more

linkedin.com · Curated 5 months ago

AI-Enabled Fraud is Here, and Internal Audit Isn't Ready

Artificial intelligence is rapidly transforming the landscape of fraud, making it faster, cheaper, and more scalable. A recent study by The Institute of Internal Auditors and AuditBoard reveals that while 85% of internal audit leaders recognize AI-enabled fraud as a significant risk, less than 40% feel prepared to detect it. This critical gap highlights an urgent need for internal audit functions to evolve their capabilities and strategies to combat modern fraud techniques.

Social & Media · Global Read more

cfodive.com · Curated 5 months ago

5 Ways AI Will Redefine the Audit Profession by 2026

Artificial intelligence is poised to fundamentally transform the audit profession, offering solutions to long-standing challenges such as manual data entry and inefficient processes. By 2026, AI is expected to enhance audit accuracy, provide deeper insights, and make audit work more meaningful for professionals. This shift will empower auditors to move from tedious tasks to higher-value analysis and judgment, ultimately improving engagement quality and client satisfaction.

News & Blogs · Global Read more

prnewswire.com · Curated 5 months ago

COSO Publishes Practical Roadmap for Managing Generative AI Risks and Controls

The Committee of Sponsoring Organizations of the Treadway Commission (COSO) has released a new publication, "Achieving Effective Internal Control Over Generative AI (GenAI)," providing a COSO-aligned approach to managing the risks and opportunities of GenAI. This guidance translates COSO's Internal Control–Integrated Framework (ICIF) into practical, audit-ready controls specifically for GenAI, addressing the rapid adoption of these technologies in organizations. It aims to help professionals responsible for AI deployment and oversight ensure responsible implementation and robust internal controls.

IIA & Standards · Global Read more

reddit.com · Curated 5 months ago

How we used agentic AI to crack automated SOX testing at scale… in 90 days

The article describes how an Internal Audit team used agentic AI and advanced OCR to automate SOX testing for 175 controls—over 40% of their SOX scope—in just three months, cutting average testing time per control by about 60% while improving quality. Instead of relying on traditional RPA, they implemented a system of specialized AI agents for evidence extraction, testing, review, and documentation

News & Blogs · Global Read more

internalaudit360.com · Curated 5 months ago

How Internal Audit Can Begin Leveraging AI: A Practical Guide

As artificial intelligence rapidly reshapes industries, internal audit teams are increasingly looking to integrate AI into their operations. This article provides a practical roadmap for internal auditors to move beyond skepticism and start experimenting with AI, emphasizing a cultural shift towards curiosity and controlled experimentation rather than immediate, large-scale adoption. It highlights the importance of understanding AI's capabilities and limitations, starting with small pilot projects, and focusing on data quality and team upskilling to responsibly harness AI's potential.

News & Blogs · Global Read more