In this episode of our Internal Audit podcast series, John Heagy, Senior Manager, and Scott Peyton, Partner in our Risk Advisory practice, discuss the evolving role of internal audit in artificial intelligence (AI) oversight.

They unpack the differences between traditional and generative AI, explore how internal audit function is leveraging these technologies, and examine the risks that come with AI adoption—while providing risk mitigation and identification strategies.

This is the final episode in our four-part internal audit series. Catch up on the first three episodes The Evolving Role of Internal Audit: Unpacking IIA’s Vision 2035 Report, Top 3 Critical Skills for the IA Profession and The Client's Guide to Data Analytics in Internal Audit.

Tune in to learn more about:

• A breakdown of AI types andhow traditional AI differs from generative AI
• How internal audit teams are leveraging AI for tasks like fraud detection, control documentation and data analysis
• The risks of AI, including bias, hallucinations, outdated data and ethical concerns
• Key elements of a strong AI governance framework, including transparency, accountability and responsible use policies
• What to include in an AI audit scope, from understanding training data to evaluating cybersecurity and user behavior

Related Insights:

• Podcast: https://www.cbh.com/insights/podcasts/a-guide-to-iias-vision-2035-for-audit-teams/
• Article: 2025 Internal Audit Risks and Hot Topics
• Podcast: https://www.cbh.com/insights/podcasts/top-3-skills-for-internal-audit-profession/
• Podcast: The Client's Guide to Data Analytics in Internal Audit

View All Podcasts from this Series

Explore the transformative impact of data analytics on internal audit processes with Yani Diaz, Director and Ann-Blair Jamison, Senior Manager from our Risk Advisory practice. Throughout the episode, they discuss the key benefits of using data analytics, such as enhanced risk assessment, improved efficiency and predictive analysis. Additionally, they offer insights into how organizations can effectively implement data analytics solutions.

This is the third episode in our four-part internal audit series. Be sure to listen to the first two episodes, The Evolving Role of Internal Audit: Unpacking IIA’s Vision 2035 Report and Top 3 Critical Skills for the IA Profession. Stay connected for the final episode in this series, where we cover how to audit AI.

Tune in to learn more about:

• Data analytics’ role in decision making.
• The benefits of using data analytics in internal audit, including enhanced risk assessment, improved efficiency and the ability to perform predictive analysis.
• How data analytics can be used effectively in Information Technology General Controls (ITGC) testing to identify potential control weaknesses and ensure compliance with regulatory requirements.
• Important considerations when implementing data analytics solutions to understand factors such as data quality and analytics tools.

Related Insights:

• Podcast: The Evolving Role of Internal Audit: Unpacking IIA’s Vision 2035 Report
• Article: 2025 Internal Audit Risks and Hot Topics
• Podcast: Top 3 Critical Skills for the IA Profession

View All Podcasts from this Series

The Institute of Internal Audit’s (IIA) Vision 2035 report highlights the pivotal role that soft skills will play in shaping the future of internal audit. Join Jodi Lewis, Manager, and Andy Jameson, Director, from our Risk Advisory practice as they discuss the top three critical skills that internal auditors must cultivate to excel in the evolving internal audit landscape. Additionally, they will share insights on how auditors can effectively develop these essential skills.

This is the second in our four-part internal audit series. Listen to the first episode, The Evolving Role of Internal Audit: Unpacking IIA’s Vision 2035 Report, and stay connected for upcoming episodes.

Tune in to learn more about:

• The importance of effective communication in internal audit
• Practical ways to enhance communication skills
• Strategies to enhance critical thinking in internal audit
• The role that adaptability plays in keeping auditors relevant and effective

Related Insights:

• Podcast: https://www.cbh.com/insights/podcasts/a-guide-to-iias-vision-2035-for-audit-teams/
• Article: 2025 Internal Audit Risks and Hot Topics

View All Podcasts from this Series