Thank you for coming! IIA French event
Dear participants to the first event of the French-speaking Internal Audit Community,
First of all, thank you very much for participating in this wonderful event. We welcomed 75 participants from the public and private sectors, from different industries and at different levels. In addition, we discovered a pleasant venue, the Mercure Namur hotel, located on the banks of the Meuse River. It is certainly a venue to remember for future events.
The objective was to learn more about artificial intelligence in internal auditing. We therefore welcomed two experts from KPMG: Raphael Schair, Director at KPMG Advisory, and Julien Stocq, Partner at KPMG Advisory and specialist in Digital Transformation.
The main takeaways from this presentation focused on the following topics:
- The evolution of artificial intelligence;
- An overview of the tools available for internal auditing;
- The value created by AI for internal auditing:
- Automation;
- Improved professional judgment/insight;
- Use in daily activities;
- Improved risk perception, vision, etc.
- At what stage of the audit do we want to use AI and where do we create value?
- What are the risks associated with AI?
- What role can internal audit play in the deployment of AI within the company?
Based on surveys conducted during the events, the main conclusions are as follows:
- 75% of respondents believe that their company is still in the exploration or experimentation phase with regard to artificial intelligence;
- 90% of respondents believe that their internal audit function is still in the exploration or experimentation phase with regard to artificial intelligence.
- For now, AI is mainly used in the reporting and communication phase, but also to prepare audit assignments.
- The main obstacles to the use of AI are the lack of clear rules within the organization and concerns about data and confidentiality.
- It is important to note that 60% of respondents believe that the role of internal audit is unclear or still being developed.
Based on one testimonial, the following lessons should be highlighted:
- A good prompt takes up at least half a page of text.
- Not all phases of the audit lend themselves equally well to the use of artificial intelligence.
- Good results can be achieved for tasks that are not very popular.
- Critical thinking is still necessary when deciding where to use AI in the audit process.
In summary, it was an excellent session and a great networking opportunity. This is undoubtedly the first event in a long series of other interesting sessions.
Please feel free to send us your suggestions for future sessions and don't hesitate to contact Raphael and Julien if you would like to discuss any questions in more detail.
Pour un compte rendu de l’évènement en français, veuillez-trouver le document ci-dessous.
