Year: 2025

Poor Data Readiness Is Plaguing Corporate AI Projects

A new research study finds that nearly half of all artificial intelligence projects fail, underperform, or are delayed, despite major investments in AI. The survey indicates that poor data readiness is the leading roadblock to AI execution, driving increased costs, stalled innovation, and lost revenue. The study was released by Read More

Connected Risk Thinkers

Are You a ‘Connected Risk’ Thinker?

The first months of 2025 have yielded far-reaching geopolitical and macroeconomic upheaval and uncertainty. The only thing that’s clear is that nothing is clear. Organizations, investors, governments, regulators, and consumers worldwide are struggling to navigate a fast-escalating global trade war, constant market variability, ongoing conflicts in Europe and the Middle Read More

Implementing AI in internal audit

ISACA Launches First Advanced AI Audit Certification

Artificial Intelligence literacy tops the list of the 15 fastest-growing skills professionals need to stay competitive in today’s environment, according to a new LinkedIn report. Designed to meet the needs of audit professionals who are facing an evolving tech and compliance landscape with AI at the forefront, ISACA has introduced Read More

efficiency in internal audit

Five Steps to Increase Internal Audit Efficiency

GUEST BLOG POST If you are an internal auditor, you know that time is always in short supply. Between regulatory demands, shifting risks, and the day-to-day responsibilities of maintaining independence and objectivity, finding ways to be more efficient isn’t just helpful, it is essential. At the Audit Library, we work Read More

How to Handle Tension and Disagreement in Internal Audit

We all experience it. We all try to avoid it. Yet, inevitably, we all still have to deal with it. The “it?” Tension and disagreement—even outright hostility—while just doing our day-to-day internal audit jobs. As much as we try our best to foster good relationships with everyone in the organization, Read More

Guarding assets with simple controls

The Importance of Basic, Yet Effective, Internal Controls

Last August, Northern Marine Management India, a shipping company located in Powai, a suburb of Mumbai, India, discovered that it has been the victim of a bold heist. The company kept gold coins that it used to honor employees at their retirements. Depending on their years of service, retiring employees Read More

Survey: Internal Audit Use of Artificial Intelligence Growing Rapidly

A new survey finds that internal auditors are increasingly leveraging artificial intelligence to complete audit work. The survey, conducted by global information and software company Wolters Kluwer, finds that 39 percent of internal auditors are already employing AI and a further 41 percent intend to adopt AI in the next 12 months. Read More

May is internal audit awareness month

May Is Internal Audit Awareness Month

Continuing a long-standing tradition that started in the 1990s, the internal audit community is observing “International Internal Audit Awareness Month” this May. During the month, internal auditors around the world share examples of how the profession provides value to organizations, spotlight the profession’s commitment to good governance and risk management, Read More

PCAOB

House Bill Looks to Dissolve the PCAOB, Cut Regulatory Budgets

The United States House Financial Services Committee approved a bill proposed by the House Republicans to cut funding from the Consumer Financial Protection Bureau and to dissolve the Public Company Accounting Oversight Board into the Securities and Exchange Commission. The legislation received some backlash from Democrats along the way however, Read More

NIST Updates Privacy Framework

Five years after debuting guidelines that can help organizations balance the goals of using information while protecting individual privacy, the National Institute of Standards and Technology (NIST) has drafted a new version of the NIST Privacy Framework intended to address current privacy risk management needs, maintain alignment with NIST’s recently Read More