How AI and data analytics can transform internal audits and manage risks

Artificial intelligence (AI) and data analytics are reshaping internal audits and requiring development of new strategies for effective adoption and integration.AI and data analytics present a transformative potential for internal audit (IA) departments. Despite promising to enhance efficiency, improve audit quality, and reduce costs over the long run, these technologies bring risks like data privacy and uncertainties about return on investment. Navigating these challenges requires robust govern