The traditional internal audit function (IAF) still has a fairly large manual component, even in 2026. Think of planning, risk assessments, building files and creating reports. That’s despite existing tooling.
It’s a natural consequence of working thoroughly and thoughtful stakeholder management. After all, to make the right decisions, the right analyses have to be made.
However, the manual work takes up so much time that there is often too little left for truly in-depth analyses and more conversations with relevant stakeholders. Unfortunately, this comes at the expense of the IAF's effectiveness. To break that vicious cycle, AI can be deployed.