Geopolitical uncertainty risk is rising rapidly, along with digital disruption, according to the Institute of Internal Auditors’ latest Risk in Focus research. The findings, based on feedback from more than 4,000 internal audit practitioners from 131 countries, found that risk ratings related to geopolitical uncertainty and technological advancements saw the sharpest Read More
In today’s increasingly data-driven business environment, internal audit teams are expected to go beyond traditional sample-based testing and embrace advanced analytics. By applying statistical tests, auditors can validate controls, detect anomalies, and provide deeper insights into organizational risk. Here are 10 statistical tests internal audit teams can incorporate into their Read More
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
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
A new report finds that many internal audit leaders say they don’t have the funds to sufficiently run their departments, even as many reported increases in funding. According to the 2025 North American Pulse of Internal Audit Survey, nearly half of respondents said their internal audit departments were either insufficiently Read More
A new report predicts that assurance and compliance functions could double the amount they spend on new technology by 2027. According to the research, issued by Gartner Inc., generative AI, machine learning, and large language models will fuel a surge in spending by compliance, risk management, and internal audit functions. Read More
Digital disruption and climate change have emerged as the two fasting-growing risk areas for organizations across industries, according to a new report. Based on feedback from more than 3,500 internal audit leaders around the world, global risk levels for digital disruption and climate change are projected to increase 20 percent Read More
A new survey finds that boards and CFOs are asking internal audit to take on more risk related work. The study revealed that these expanding expectations are coming at a time when internal audit has limited bandwidth for advisory-related services — and increasing risk demand and insufficient risk management capacity Read More
With the rise of artificial intelligence (AI) rapidly revolutionizing how we do business and live our everyday lives, Chief Internal Auditors are becoming increasingly concerned that cyber-criminals are likely to weaponize the technology to commit bigger, more sophisticated and more dangerous crimes. New research has found that 78 percent of Read More
A new survey finds that internal audit departments are generally increasing their budgets and adding more staff. According to the survey, conducted by the Institute of Internal Audit’s Internal Audit Foundation, 36 percent of internal audit departments said they had increased their budget last year, compared to 13 percent who Read More
