July 2026

blakeoliver.com · Curated 2 weeks ago

AI's Impact on Accounting Training: KPMG's TaxSIM Offers a Glimpse into the Future

The accounting profession is grappling with how AI will reshape entry-level training, as traditional 'grunt work' diminishes. KPMG's new TaxSIM, developed with Centaurian AI, proposes a solution: a simulation-based platform that rapidly exposes junior staff to diverse tax scenarios, fostering judgment more efficiently than conventional methods. This approach suggests a shift from time-consuming, repetitive tasks to accelerated, high-impact learning experiences.

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supervizor.com · Jul 24, 2026

CAEs Must Lead AI Adoption: Leverage Analytics Foundation for Strategic Advantage

This article argues that Chief Audit Executives (CAEs) are uniquely positioned to lead their organizations in AI adoption by leveraging existing data analytics foundations. It emphasizes that AI is a natural progression of data analytics, not a separate initiative, and highlights the critical need for robust data governance to mitigate AI risks and build trust in its outputs. CAEs who proactively engage with AI, starting with their own teams and partnering with finance, can transform internal audit from a reactive function to a strategic driver of organizational value and risk management.

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zhaomichelle.substack.com · Jul 24, 2026

Beyond Monitoring: The Critical Role of AI System Re-evaluation in Preventing 'Zombie AI'

This article highlights the often-overlooked re-evaluation stage in the AI lifecycle, distinct from continuous monitoring. It argues that without periodic, formal re-evaluation, AI systems can become 'zombie AI' – obsolete, yet still operational, posing significant risks. Internal auditors should recognize re-evaluation as a crucial governance mechanism to ensure AI systems remain relevant, effective, and properly controlled, mirroring established recertification processes for other critical systems.

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radicalcompliance.com · Jul 23, 2026

Scoular's FCPA Settlement Highlights Cartel Risk in Cross-Border Trade

The recent FCPA enforcement action against Scoular, an agricultural supplies company, for bribing Mexican officials, reveals a critical new dimension for internal audit and assurance professionals: the intersection of corporate corruption and drug cartels. This case underscores the heightened compliance risks for companies engaged in cross-border trade, particularly in regions with significant cartel activity, and signals a new priority for the Justice Department. Audit teams must re-evaluate risk assessments and internal controls to account for potential indirect benefits to transnational criminal organizations (TCOs) through bribery schemes, even if the company is unaware of the ultimate beneficiaries.

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internalaudit360.com · May 13, 2026 · Curated 2 weeks ago

A Four-Step Roadmap for Integrating Data Analytics into Internal Audit

Internal audit functions must embrace data analytics to remain strategically relevant and provide forward-looking insights in an increasingly data-driven world. This article outlines a practical four-step process for internal audit teams to integrate data analytics into their methodology, moving beyond traditional compliance testing to become trusted advisors who deliver strategic value.

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radicalcompliance.com · Jul 14, 2026 · Curated 2 weeks ago

Storytelling for Impact: Lessons from a Documentary Filmmaker for Audit and Assurance Professionals

This article highlights how internal audit and assurance professionals can learn from documentary filmmaker Alex Winter (known for 'Bill & Ted') to make their findings more impactful. Winter emphasizes putting people at the center of narratives and meticulous research to distill complex information, directly mirroring the challenges auditors face in communicating risks and findings to diverse stakeholders. By adopting these storytelling techniques, audit professionals can enhance engagement and drive action within their organizations.

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radicalcompliance.com · Jul 13, 2026 · Curated 2 weeks ago

IIA Guidance: Internal Audit's Evolving Role in ERM and the Future of Assurance

The IIA has released new guidance exploring how internal audit can take a more direct and integrated role in Enterprise Risk Management (ERM). This shift is crucial for audit professionals to demonstrate continued value in an era where AI and automation are transforming traditional audit functions, pushing towards continuous assurance and potentially blurring the lines between internal audit and risk management. Understanding these evolving expectations and the safeguards required is essential for internal audit leaders looking to strategically position their teams for the future.

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radicalcompliance.com · Jun 29, 2026 · Curated 2 weeks ago

CCO Compensation Rises Amidst Stagnant Job Market, Creating a 'Constrained Candidate Market'

A recent survey reveals a paradoxical trend in the Chief Compliance Officer (CCO) job market: while CCO compensation is increasing, a significant majority of CCOs are staying in their current roles. This creates a challenging environment for both job seekers and companies looking to hire, as the pool of available talent shrinks and competition for experienced CCOs intensifies. Internal audit and assurance professionals should note these dynamics as they impact the talent landscape for compliance leadership and the strategic value placed on these roles within organizations.

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normanmarks.wordpress.com · Jul 22, 2026

AI Governance: Learning from Cyber's Evolution to Avoid Past Mistakes

This article highlights the critical need for robust AI governance, drawing parallels with the evolution of cybersecurity governance. It emphasizes that internal audit and assurance professionals must understand the maturity of their organization's AI governance, provide assurance and advice, and ensure that AI deployment considers all risks and opportunities. The core message is to proactively apply lessons from cyber risk management to AI, translating technical risks into business impacts that leadership can act upon, thereby avoiding a repeat of past governance failures.

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alexandracar.substack.com · Jul 22, 2026

AI Regulation: The Unfolding State vs. Federal Battle and Its Impact on Compliance

The U.S. is experiencing a significant divergence in AI regulation, with federal efforts focused on deregulation and state governments actively legislating. This creates a complex and fragmented compliance landscape for organizations, demanding a continuous and localized approach to risk management and legal adherence. Internal audit and assurance professionals must understand this dynamic to effectively assess AI-related risks and ensure their organizations navigate the evolving regulatory mosaic.

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