The Future of Internal Audit: AI, Automation, and Risk Sensing

The Institute of Internal Auditors Presents: All Things Internal Audit

In this episode, Mike Levy talks with Amy Fread about how AI, automation, and business transformation are reshaping internal audit. They discuss how auditors can become involved earlier in organizational change, communicate more effectively with stakeholders, evaluate third-party risk, and identify opportunities for cosourcing. Amy also shares why the profession is moving toward continuous monitoring, risk sensing, and more data-driven assurance. HOST: Mike Levy, CIA, CRMA CEO, Cherry Hill Advisory GUEST: Amy Fread, CISA  Audit & Assurance Principal, Deloitte & Touche LLP KEY POINTS:

Introduction [00:00–00:39] How Internal Audit Is Evolving [00:40–02:46] Getting Involved Earlier in Business Transformation [02:47–04:12] Making Audit Reports More Useful [04:13–05:55] AI Governance and Internal Audit Use Cases [05:56–08:28] Assessing Third-Party Risk and Cost Recovery Opportunities [08:29–10:07] When to Consider Cosourcing [10:08–11:30] Measuring Value Beyond Dollars Recovered [11:31–12:23] Turning Risk Data Into Action [12:24–14:05] The Future of Internal Audit [14:06–15:15] IIA RELATED CONTENT:

Interested in this topic? Visit the links below for more resources:

Global Internal Audit Standards Artificial Intelligence Knowledge Center Third-Party Topical Requirement Continuous Auditing and Monitoring Visit The IIA's website or YouTube channel for related topics and more.

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