June 2026

elementalaimatters.substack.com · May 6, 2026 · Curated 1 month ago

The AI Oversight Audit: A Free Tool for Boards to Assess AI Governance Posture

This article introduces a free, AI-powered tool designed to help private company boards quickly assess their AI oversight posture against the Caremark standard. Internal audit and assurance professionals should take note, as this tool provides a framework for evaluating board-level AI governance, identifying potential gaps, and documenting due diligence, which are critical aspects of an organization's overall risk management and compliance with evolving AI regulations.

Tools & Technology · Global Read more

linkedin.com · Curated 1 month ago

A Comprehensive AI Audit Work Program for Internal Audit Functions

This article introduces a comprehensive AI Audit Work Program designed for internal audit functions, emphasizing a risk-based approach to auditing AI systems. It highlights the critical distinction between AI providers and deployers, and outlines six key domains for AI assurance. The program aims to empower internal auditors to effectively assess AI risks and controls, even without deep technical expertise, by focusing on governance, risk management, and compliance.

Tools & Technology · Global Read more

linkedin.com · Curated 2 months ago

The Next AI Governance Crisis: Shifting from Compliance to Execution Governance

As AI systems evolve from decision support tools to autonomous operational agents, the focus of AI governance must shift from mere compliance to 'execution governance.' Traditional frameworks, like the EU AI Act, primarily address AI as a technology, assuming human control over execution. However, the increasing autonomy of AI in workflows introduces new, complex risks such as emergent behavior, authority drift, and accountability fragmentation, demanding a re-evaluation of current governance strategies.

Tools & Technology · Global Read more

May 2026

riskoversight.ca · Jan 7, 2026 · Curated 2 months ago

Practical AI for Internal Audit: Two Shortcuts to Boost Efficiency Without Training

This article highlights two immediately actionable AI shortcuts for internal audit and financial reporting professionals: building a prompt library and leveraging AI for Excel code generation. These methods offer practical, no-training-required ways to enhance efficiency in tasks like generating audit procedures, refining control matrices, and automating spreadsheet functions, emphasizing real-world application over theoretical AI discussions.

Tools & Technology · Global Read more

linkedin.com · Curated 2 months ago

The Ecosystem Advantage: Reimagining Value Creation in the AI Era

AI is fundamentally changing business transformation, moving beyond mere efficiency gains to redefine what businesses can become. True value from AI requires an "ecosystem mindset" and strategic orchestration, integrating AI into redesigned processes rather than simply layering it onto existing ones. This collaborative approach, focused on shared outcomes and continuous innovation, is crucial for organizations to achieve lasting impact and competitive advantage in the AI era.

Tools & Technology · Global Read more

benluthy.com · May 26, 2026

AI-Powered GRC Tool Automates Policy-to-Framework Mapping and Gap Analysis

This article details the development of Lacunae ControlSense, a free, local AI tool designed to automate the mapping of policy control statements to cybersecurity frameworks like NIST CSF 2.0, CIS 18, and NIST AI RMF. For audit and assurance professionals, this innovation offers a significant opportunity to streamline the labor-intensive process of compliance mapping and gap identification, potentially saving considerable time and improving the accuracy of control assessments. The tool's offline capability and focus on practical, actionable gap registers make it particularly relevant for organizations concerned with data privacy and efficient GRC operations.

Tools & Technology · Global Read more

Blog · Curated 2 months ago

Meet Assurcast Reader

Today we're shipping Assurcast Reader v0.1.0 — a single-binary desktop and self-hosted feed reader for internal audit and assurance professionals, pre-subscribed to the full Assurcast bundle on first launch. Built as an open-source fork, available for macOS, Windows, and Linux.

Tools & Technology · Global • 2 min read Read more

linkedin.com · Curated 2 months ago

Ex-Auditors: The Unexpected AI Power Users in Finance

This article argues that former auditors are uniquely positioned to leverage AI in finance due to their expertise in process walkthroughs. Their ability to meticulously document and understand financial processes provides the essential input AI needs to deliver meaningful automation and insights. The author outlines a practical four-step method for finance professionals to apply this audit-honed skill to their own workflows, using AI to identify and implement automation opportunities.

Tools & Technology · Global Read more

Blog · Curated 2 months ago

KPMG's AI Risk and Controls Guide: Building Trustworthy AI

KPMG has released an AI Risk and Controls Guide to help organizations manage the risks associated with Artificial Intelligence. This guide, aligned with KPMG's Trusted AI framework, provides a structured approach to understanding AI risks and offers actionable control considerations. It aims to enable the responsible and ethical deployment of AI initiatives, fostering trust and maximizing AI's potential.

Tools & Technology · North America • 2 min read Read more

supervizor.com · Curated 3 months ago

Launching an Audit Analytics Program: From Zero to One for Lasting Impact

This article emphasizes that building a robust audit analytics program is crucial for internal audit functions, especially as AI integration becomes a boardroom expectation. It argues that a strong analytics foundation is a prerequisite for credible AI adoption, highlighting the pitfalls of traditional sampling methods and common reasons why analytics initiatives fail. The piece provides a practical, step-by-step guide for audit leaders to successfully launch and sustain an analytics program, focusing on strategic execution over mere tool acquisition.

Tools & Technology · Global Read more