Will artificial intelligence (AI) become your next internal audit team?

Navigating the rapidly evolving world of business technology can be a daunting task. With artificial intelligence (AI) reshaping industries, the internal audit functions must adapt quickly. But while the potential benefits of AI are many, they come with inherent challenges such as AI biases, transparency issues, and compliance with regulations like Sarbanes-Oxley.

KPMG is at the forefront of navigating these complexities. Our latest article, "Will artificial intelligence (AI) become your next internal audit team?," is a thorough exploration of AI’s role in internal auditing and how we can use it to enhance operations while mitigating potential risks.

By incorporating AI in your internal auditing processes, you stand to gain:

• Efficiency: AI can automate repetitive tasks, allowing internal auditors to focus on more complex issues.
• Enhanced insights: AI’s capacity for real-time data analysis can provide valuable insights to inform your decision-making.
• Agility: With AI, your internal audit functions can become more responsive, agile, and prepared to provide useful insights to senior management.

At KPMG, we help our clients harness the power of generative AI and balance innovation with risk management. We can help you evolve your business model to capture the latest opportunity while managing risk and maintaining ethical practices. Discover how to transform your internal audit function and critical processes through AI today.