Tag: technology

Audit management software

Survey: 84 Percent of Audit Functions Have Adopted Audit Management Software

While 84 percent of audit functions have adopted audit management software (AMS), satisfaction varies considerably across key capabilities, according to Gartner, a business and technology insights company. Speaking at the Gartner Enterprise Risk, Audit & Compliance Conference taking place in Grapevine today, James Bourke, Director Analyst, Research, in the Gartner Read More

Workiva Advances Regulatory Work with AI Innovation

Workiva, an audit-ready platform for trust, transparency, and accountability, unveiled dozens of new product and platform innovations at Amplify 2026, the company’s annual conference attended by thousands of finance, accounting, sustainability, risk, and compliance leaders. As part of those innovations, Workiva introduced Agent Studio, a platform capability that allows users Read More

Auditing fairness and bias in AI models

Auditing Fairness and Bias in AI Models

Fairness in artificial intelligence has moved from a technical topic to a governance responsibility. Regulators and investors now expect boards to identify who owns algorithmic risk, to understand how high‑impact models make decisions, and to show that monitoring is continuous. Internal audit is not expected to rebuild models. Its job Read More

Legal Department Tech Budgets Expected to Double by 2028

Technology budgets at legal departments are predicted to double in the next two years, according to research and analysis by Gartner Inc. According to the business and technology insights company, specialized legal AI platforms, such as Harvey, Legora, GC AI, and Thomson Reuters CoCounsel, are delivering significant productivity and efficiency Read More

When AI Models Hallunicnate

Internal Audit's Role in Governing AI: PART 2
AI Hallucinations: When Your Models Start Making Things Up

No alert fires. No system throws an error. The model confabulates, and the organization relies on it. Most organizations assume they are reviewing AI outputs. In practice, many are reading confident text without asking whether a single sentence is accurate. This is the hallucination problem. For internal audit functions serious Read More

AI Model Drift

Internal Audit's Role in Governing AI: PART 1
Model Drift: When AI Models Lie and What Internal Audit Must Do about It

There is a particular kind of risk that keeps model risk officers up at night. It is the risk of a model that keeps running, keeps producing outputs, keeps feeding decisions into the business, while quietly becoming wrong. No alert fires. No dashboard turns red. The model simply drifts, and Read More

What Internal Audit Needs to Know About Zero Trust Architecture

Auditing or managing compliance projects means that you are responsible for ensuring your organization meets regulatory standards and protects sensitive data. However, security doesn’t work the way it used to. The network perimeter is becoming harder to define as employees work remotely, companies adopt cloud environments, and more third-party vendors Read More

Change Agents: Internal Audit’s Role in Organizational Transformation

Internal audit is a key part of organizational transformation projects. It has changed from a traditional inspector of compliance to a strategic partner that protects value creation and drives long-lasting change. With this new job, auditors can plan for disruptions, build resilience, and make sure that changes are in line Read More