The world around us is becoming increasingly complex and changes rapidly. This is also impacting the role of internal audit. The internal audit function (IAF) plays a critical role in assessing governance, risk management and internal controls. At the same time, organizations are seeking assurance on increasingly complex topics while continuing to meet high standards for financial processes and regulatory compliance.
Despite existing tooling, the IAF still involves a significant amount of manual work in 2026. This includes planning, risk assessments, building audit files and preparing reports.