Wolters Kluwer and Internal Audit Foundation Uncover Potential of GenAI in Audit Activities: New Report
WOLTERS KLUWER S/ADR (WTKWY)
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Source: Business Wire
Significant opportunity for audit teams to influence governance and drive AI adoption NEW YORK--(BUSINESS WIRE)--Wolters Kluwer, a global leader in information, software, and services for professionals, has collaborated with The Institute of Internal Auditors’ (The IIA) Internal Audit Foundation on a research report: Harnessing Generative AI for Internal Audit Activities. The report explores the use, implementation and governance of GenAI within organizations and internal audit functions. Notably, half of internal audit leaders surveyed confirmed that their organizations were either fully or partially implementing GenAI; however, only 17% reported having introduced an organization-wide policy governing the use of GenAI.Frans Klaassen, Senior Vice President and General Manager, Wolters Kluwer Audit & Assurance, said: “The findings of our research show that AI represents a dual opportunity for audit teams: helping safeguard the use of AI within their organizations, and leveraging the
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