Auditing: AI and the Future

Kayne and Tom talk about an article on the future of auditing with consideration for AI and it’s uses. Along the way, they uncover where organizations should be considering strategic shifts around AI and where they need to exercise caution. Of course we all get to enjoy another face of disgust from an otherwise truly enjoyable beer. Reference documents: https://hyperproof.io/resource/the-future-of-auditing-2025/ Beer: Cadence (Belgian-Style Ale) by Reformation Brewery ▬ Contents of this episode ▬▬▬▬▬▬▬▬▬▬ 0:00 - Intro 0:16 - Beer background 4:05 - We’re facing new regulatory requirements like NIS2 and DORA in the EU, along with potential state-by-state regulations in the US, and the challenges of FedRAMP. How should companies be adjusting audit readiness strategies to handle this increasing complexity? 10:45 - Something that I mentioned in the article was that in our IT benchmark survey, we found that 59% of organizations now test all controls rather than just the most important ones. What's your perspective on this shift, and have we made similar changes? 14:45 - How has the integration of AI and cloud technology changed your thinking about auditing and compliance in the past year? 20:30 - What role do you see for external consultants in the audit preparation process? 26:15 - How are we handling the challenge of managing multiple audits simultaneously while avoiding duplication of work across departments? 28:55 - What specific inefficiencies have we identified in our current audit processes, and which technologies have been most helpful in addressing them? 33:40 - The article emphasizes the value of continuous controls monitoring. What measurable benefits have you seen from implementing real-time monitoring of your controls? 39:18 - Beer reviews