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The Audit Podcast
Ep 223: AI Agents in Internal Audit in 2025 w/ Charles King
Jan 7, 2025
In this engaging discussion, Charles King, KPMG US's Internal Controls Leader in AI, shares his insights on the future of internal auditing. He highlights the rapid rise of AI adoption, with organizations leveraging tools from basic functions to advanced applications. Charles explains the concept of AI agents and their transformative potential for auditors, enhancing workflows while automating mundane tasks. The conversation also emphasizes the importance of setting clear goals in harnessing AI, ensuring that technology serves the audit profession effectively.
41:54
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Quick takeaways
- AI adoption in internal auditing has risen significantly, with 60% of companies utilizing solutions, improving efficiency and communication.
- The podcast highlights the future potential of agentic AI to autonomously perform tasks, significantly enhancing productivity in internal audit processes.
Deep dives
Leveraging AI for Internal Audit Efficiency
AI serves as a valuable resource for addressing various barriers in internal audit processes. Emphasizing the importance of enhancing audit management platforms, the podcast suggests that successful internal audits often hinge on selecting the right combination of tools, including analytics and automation. By streamlining operations and aligning team efforts through effective tool utilization, audits that traditionally take weeks can be completed in a much shorter timeframe. Ultimately, the adoption of AI not only simplifies processes but also fosters better communication and collaboration within audit teams.
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Discover
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