NEWS & UPDATES

Risk assessment: the crucial next step in making your Audit Universe truly useful. It's how we decide not just what can be audited, but what should be audited, and with what priority. It's the process of identifying which parts of your organisational map represent the most significant potential challenges or vulnerabilities, ensuring internal audit focuses its efforts where they can have the biggest impact.

Artificial Intelligence (AI). As AI systems become more deeply embedded in our operations, from automating decisions to generating insights, it's crucial that we understand how to ensure they are working as intended, fairly, and reliably. This is where Internal Audit plays a vital role. we must also strategically audit our AI systems. this means ensuring we can trust the 'black box' and the decisions it makes.

Through helping manage risks, improving operational processes, and providing crucial forward-looking strategic insights, internal audit plays a vital, positive role in helping organisations achieve their goals and thrive in an ever-changing environment.  

Internal audit adds value: by helping to make your business operations run more smoothly and effectively. Think about everything that happens in your company, from the moment a customer places an order to the time they receive their product, or from the point an invoice arrives to when it gets paid. These are all processes – the sequence of steps your teams follow to get things done. Every business is built on countless processes, big and small.