Internal Audit Applications of AI: It Doesn’t Have to Be Complicated to Be Effective

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Internal Audit Applications of AI: It Doesn’t Have to Be Complicated to Be Effective
By
Kyle Nesgood, Protiviti Associate Director, and Anya Drake, Protiviti Director

For many internal auditors, artificial intelligence (AI) may seem like a daunting topic to tackle — but that shouldn’t stop them from considering how they can apply it to their work. Tools and techniques exist that can provide auditors with powerful, straightforward techniques to enhance their work. With an increased focus and urgency around the use of data to support internal audit activities, the time for next-generation pursuits, such as using AI, is now.

This article takes a closer look at how internal audit organizations can get started with AI methods and offers a specific example of machine learning applied to internal audit.

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