White Paper - Artificial Intelligence Driven Analytics

Whitepaper

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Author

Sherif Ahmed Elagamawy
CIA, PFIIA, CPA, FCPA, CA, CFE

Date

2025

Topics Explored

Internal Audit, Emerging Technologies and Artificial Intelligence, Data Analytics and Technology Audit

Format

White Paper

Extract/Description

This White Paper has been written to explore the role of artificial intelligence (AI) in enhancing the power of data analytics and improving how organisations manage governance, risk, and compliance (GRC).
It highlights how AI can transform traditional assurance activities, moving from static testing to intelligent, real time insights that help identify risks, validate controls, and improve decision-making. The paper also outlines how AI is already influencing internal audit and GRC functions, and what this means for professionals aiming to stay ahead of the curve.

Key Points

This White Paper explores how artificial intelligence is transforming GRC and provides commentary on the following questions:
1. How is AI evolving and transforming GRC?
2. What does AI mean for the work of professionals?
3. Can AI identify risks before they have consequences?
4. Is AI a benefit or a hazard?
5. Are AI decisions fair / transparent / accountable?
6. Is AI a powerful defence or a hidden vulnerability?
7. Is AI regulation keeping up with AI expansion?
8. How can AI potential be maximised with acceptable risk?

Relevant Industries

All

Level of Assumed Knowledge

Intermediate

Aligned to Global Internal Audit Standards

Yes