Today

linkedin.com · Curated today

Is Your Audit Plan Truly Helping the Organization, or Just Following a Schedule?

Internal Audit plans are crucial for structure and resource allocation, but they risk becoming rigid and irrelevant if not adapted to evolving organizational risks. This article emphasizes the need for dynamic audit planning that prioritizes strategic objectives and continuous risk assessment over static, cyclical auditing. It advocates for building flexibility into the plan to address unforeseen challenges and opportunities, ultimately ensuring Internal Audit remains a valuable and responsive function.

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Yesterday

linkedin.com · Curated today

Great Internal Audit Leadership: A Legacy of Strength and Trust

This article emphasizes that effective Internal Audit leadership is defined not by a leader's background, but by the lasting positive impact they leave on the function. It highlights the importance of building trust, fostering continuous improvement, and developing people to ensure the Internal Audit department remains strong and valuable long after a leader's tenure.

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linkedin.com · Curated today

AI Risks Stage by Stage: Operation and Monitoring - The Silent Decay of AI Models

This article, part of a series on AI auditing, highlights the critical risks associated with the operation and monitoring stage of the AI lifecycle. It emphasizes that unlike traditional software, AI models can silently degrade over time due to 'drift,' leading to incorrect decisions without any system errors. The author stresses the importance of continuous monitoring of decision quality, clear ownership, robust logging, and defined incident response plans to mitigate these unique AI risks.

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prnewswire.com · Curated yesterday

Cherry Hill Advisory Introduces AI-Enabled Internal Audit Services

Cherry Hill Advisory has launched new AI-Enabled Internal Audit Services, integrating a structured AI team and an eight-service AI toolbox with experienced human practitioners. This approach aims to enhance risk visibility, strengthen controls, and deliver greater value to organizations by applying AI within the internal audit framework. The firm emphasizes that human expertise remains central, with technology serving as an enabler.

News & Blogs · North America Read more

This week

linkedin.com · Curated yesterday

AI Querying Business Data: The Silent Wrong Answer Problem and the Semantic Layer Solution

As AI increasingly queries business data, a critical issue arises: the "silent wrong answer problem," where AI-generated data appears plausible but is fundamentally incorrect due to a lack of proper context and governance. This article advocates for the implementation of a semantic layer as a crucial middleware to ensure data accuracy, proper access control, and trustworthy AI outputs. It emphasizes that this layer, which defines business metrics and logic, is essential for preventing misleading information from influencing critical decisions.

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accountingtoday.com · Curated yesterday

Tech News: Luca IQ Launches E-File Approved Tax Engine for CPA Firms, Workday Debuts Financial Audit Agent, and More

This article highlights several new technological advancements impacting the accounting and audit professions. Key announcements include Luca IQ's launch of an IRS e-file approved tax engine for CPA firms, Workday's introduction of a Financial Audit Agent to automate evidence gathering, and Cherry Hill Advisory's new AI-enabled internal audit services. These innovations aim to streamline processes, enhance efficiency, and improve accuracy for accounting and assurance professionals.

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linkedin.com · Curated yesterday

Default-On AI: Are SaaS Vendors Outsourcing Their Risk To You?

SaaS vendors are increasingly enabling AI features by default, often with minimal notice, creating significant governance and risk challenges for client organizations. This 'default-on' approach shifts the burden of managing data residency, retention, consent, and legal compliance onto the customer. The article highlights examples from Zoom, Microsoft 365, and Google Workspace, urging organizations to proactively manage these risks and demanding better communication and control from vendors.

News & Blogs · Global Read more

radicalcompliance.com · Aug 7, 2026

Compliance Professionals See Significant Movement Across Industries, Including Emerging Sectors

This report highlights a dynamic landscape for compliance professionals, with numerous new appointments, promotions, and job openings across diverse sectors from healthcare and finance to technology and even professional sports. Audit and assurance professionals should note the increasing demand for specialized compliance expertise, the evolving nature of CCO roles, and the growing importance of risk management and anti-corruption efforts in both established and emerging industries. The report underscores the continuous need for robust compliance frameworks and skilled practitioners to navigate complex regulatory environments.

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tamikaslowley.wixsite.com · Aug 7, 2026

Beyond the 'Gotcha': Elevating Assurance to a Partnership for Business Improvement

This article challenges internal auditors to move beyond simply identifying deficiencies to becoming true assurance partners. It emphasizes the importance of educating stakeholders on the 'why' behind findings, connecting control weaknesses to business risks, and fostering understanding to drive meaningful change and buy-in. For audit professionals, this means shifting focus from mere compliance reporting to value-added consultation that strengthens the organization.

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internalaudit360.com · Aug 6, 2026

Maximizing Internship Value: A Guide for Internal Audit Leaders on Purposeful Departures

For internal audit leaders, the conclusion of an internship is a strategic opportunity to reinforce departmental culture, acknowledge contributions, and drive continuous improvement. This guide emphasizes the importance of celebrating intern achievements, providing and soliciting honest feedback, assisting with professional development, and leveraging the experience to enhance future internship programs and talent pipelines. By thoughtfully managing the intern's departure, internal audit functions can foster a culture of appreciation, growth, and long-term engagement.

News & Blogs · Global Read more