White Paper - Evolving Internal Audit Methodology in the Age of Artificial Intelligence: Part 1 - Challenges, Questions and Practical Considerations

Whitepaper

This is a members only resource.

Please login to access.

Author

Parag Shah

Date

2026

Topics Explored

Internal Audit, Internal Audit Management

Format

White Paper

Extract/Description

This paper offers a practitioner’s view on how methodologies adopted by internal audit functions, largely designed for manual and deterministic internal audit work, are becoming misaligned with AI-enabled practices, and how they can evolve to address these gaps while preserving rigour and enabling responsible innovation.

Key Points

  • The age of AI brings opportunity for internal audit functions to utilise these tools across the engagement lifecycle.
  • Specific areas of internal audit methodology should be re-considered and adjusted to best support the adoption of AI: 17 key questions are outlined. 

Relevant Industries

All

Level of Assumed Knowledge

Intermediate

Aligned to Global Internal Audit Standards

Yes