Internal Audit Advisory Services
Service / Business Consulting
Our Internal Audit Advisory services are designed to support Chief Audit Executives, and their teams, who are expected to advise management and the board about the organization’s ability to address emerging risk areas.
These areas include cybersecurity, artificial intelligence, regulatory compliance, operational resilience and financial/non-financial risk management. Building on our core capabilities, we provide valuable insights to support CAE’s in critical areas
Critical Areas of Expertise
Internal Audit Advisory Services
Advanced Analytics Capabilities
+ Comprehensive risk assessments using full population analysis
+ Continuous auditing and real-time monitoring solutions
+ Enhanced testing and assurance through advanced analytics
+ Fraud detection leveraging machine learning algorithms
+ Operational Insights and process improvement recommendations
AI-Powered Audit Solutions
+ Generative AI for automated report writing and documentation analysis
+ Traditional AI for pattern recognition and anomaly detection
+ Predictive analytics for emerging risk identification
+ Natural language processing for unstructured data analysis
+ AI-assisted scenario modeling and stress testing
Tailored Approach to help implement advanced analytics and AI
+ Current state assessment and roadmap development
+ Proof of concept projects to demonstrate value
+ Customized training and change management support
+ Integration with existing audit methodologies and tools
Team
Mark L. Frigo
Advisory Board
Economic Consulting
David Malcolm
Advisory Board Member
Business Consulting
Insights & News
Can AI Cut Fatigue and Boost Performance in High-Stress Jobs?
Generative AI is reshaping how professionals in high-stress occupations—such as airline pilots and financial traders—approach complexity, stress, and fatigue. While the recent BCG/MIT study on...
AI, Data Sharing, and RiskPulse: The Future of Global Financial Crime Detection and Compliance
AI-driven solutions, generative AI, and secure data sharing are transforming how global financial institutions fight financial crime, signaling a move away from traditional methods toward a more...
Safeguarding Growth: How Agentic AI and RiskPulse Empower Banks and Wealth Managers to Manage High-Risk Client Relationships Amid Rising Regulatory Scrutiny
Banks and wealth managers face serious challenges and difficult trade-offs when working with high-risk clients, especially as regulatory scrutiny becomes more intense and enforcement actions...