Most chief audit executives can’t tell you what AI is worth yet
Gartner finds 93% of audit leaders use AI, but 54% of chief audit executives have not started measuring its value.
Gartner polls of 142 and 161 chief audit executives in May found 54% have not started measuring the value of AI in audit, only 7% tie AI to cost metrics, and just 38% have an AI strategy at any level, with 39% more building one. Among 743 respondents, 60% use AI for engagement preplanning and for drafting audit issues or reports, while only 30% apply it to audit testing, where hallucinations carry higher stakes. Unclear expectations for AI tool use (48%) was the most common barrier, ahead of technology and tool problems. Gartner recommends structured use cases for high-value workflows, which 12% of respondents are currently piloting.
- 93% of audit leaders report AI use; only 15% run formal use cases routinely
- 54% of 142 CAEs have not started measuring AI value; 7% tie it to cost metrics
- Only 38% of 161 CAEs have an AI strategy; 39% more are building one
- 60% use AI for preplanning and drafting; only 30% for audit testing
- Unclear expectations (48%) is the top barrier, ahead of tooling problems
From the original article
2 min read at helpnetsecurity.com
Auditors are using AI in their daily work, and their departments have mostly left them to figure it out alone. 93% of audit leaders and auditors report some level of AI use, while 15% say their department has deployed formal use cases and runs them routinely in audits, according to Gartner. Chief audit executives (CAE) have to defend that arrangement to stakeholders, and most of them cannot say what it returns.
By Sinisa Markovic · helpnetsecurity.com
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