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AI & automation: The future of Audit

November 19, 2024

The emergence of AI has generated curiosity throughout the auditing industry. Through experimentation and quick adaptation, auditors are leveraging AI to enhance and speed their process.

In the present environment, auditors are asked to produce reports far more rapidly than previously expected. In order to meet changing requirements and expectations, they’re using AI to produce risk and control matrices, provide additional data inputs, and create other efficiencies throughout the auditing process.

“A single button click can deliver an entire value proposition that audit teams were spending weeks on. [AI] adds a ton of value to your process and to your organization,” says Mike Levy, CEO of Cherry Hill Advisory

Hear from these thought leaders about how the use of AI is impacting the work of internal auditors:

  • Faizal Chaudhury, Deputy Chief Auditor of Sallie Mae
  • Mike Levy, CEO of Cherry Hill Advisory
  • Nick Geffers, Audit Director of Financial Services Company
  • Naohiro Mouri, Executive Vice President & Chief Auditor of AIG

Visit https://www.diligent.com/lp/clarifyrisk for more.

AI & automation: The future of Audit