Assurance must move at the speed of risk

Module · Audit and Assurance

Internal audit was handed a new global standard, a longer risk list and tighter funding in the same year.

Prophesee Audit turns any standard into an executable audit and keeps every finding linked to the clause, the cause and the evidence.

Evidence and lineageClassification and mappingContinuous monitoringAlert triageForecasting
See it running

Audit: a day in the life

One working day inside Audit, from the morning forecast to the evidence that the intervention worked.

Audit: a day in the life
The shift

A wider mandate, on a smaller budget.

Internal audit was handed a new global standard, a longer risk list and tighter funding in the same year. Supplier audit has the opposite problem: the same factory audited five times over by five different customers.

30%
Of audit functions report insufficient funding, up from 22%
86%
Of CAEs carry responsibilities beyond internal audit
52
Standards in the IIA Global Internal Audit Standards, live since Jan 2025

Sources: IIA Pulse of Internal Audit 2026 (n=373) · Gartner CAE surveys, 2025 and 2026 · IIA Global Internal Audit Standards, effective 9 Jan 2025 · amfori, Tackling Audit Fatigue, 2025.

A new approach

From standards to evidence

nexus iconNexus
Today · Email and screenshots

Evidence is requested from system owners by email and pasted into the working paper, so the audit runs at the speed of the slowest inbox.

Standard, clause, question, checklist

A clause library and checklist builder turn any standard into an executable audit. Every finding stays linked to the clause and the question that raised it.

foresight iconForesight
Today · Last year's plan

Coverage is set by cycle and habit rather than by modelled risk, so the plan does not follow where failure is most likely.

Risk-ranked audit planning

Audit risk scored by site and by contractor, open findings forecast forward, and first-pass effectiveness measured so the plan follows the risk.

pulse iconPulse
Today · Annual audit cycle

Controls drift between audits and closed findings quietly reopen, and neither is visible until the next visit.

The lifecycle watches itself

Findings due and overdue, exemptions awaiting approval, root cause awaiting review, self-assessments overdue. Every one alerts to a named owner.

horizon iconHorizon
Today · Word documents and workshops

A new standard becomes a document and a workshop. Turning it into a clause library, a question set and a checklist is manual every time.

Model the programme, not just the audit

Change coverage, cadence, closure targets or contractor capability and see the effect on findings and readiness before the plan is published.

From challenge to decision

Turning assurance into a continuous process

Problem: Evidence and lineage
What produces it today: Email and screenshots

Evidence is requested from system owners by email and pasted into the working paper, so the audit runs at the speed of the slowest inbox.

Engine: nexus icon Nexuspulse icon Pulse
The applications that replace it: Evidence CollectionReport From Live Evidence
Problem: Classification and mapping
What produces it today: Word documents and workshops

A new standard becomes a document and a workshop. Turning it into a clause library, a question set and a checklist is manual every time.

Engine: nexus icon Nexus
The applications that replace it: Standard To ChecklistTest Once, Map Everywhere
Problem: Continuous monitoring
What produces it today: Annual audit cycle

Controls drift between audits and closed findings quietly reopen, and neither is visible until the next visit.

Engine: pulse icon Pulse
The applications that replace it: Control DriftLifecycle Watch
Problem: Alert triage
What produces it today: Bilateral supplier audits

The same factory is audited five times a year by five customers against overlapping question sets, because no one accepts anyone else's report.

Engine: nexus icon Nexus
The applications that replace it: Third-Party Audit ReuseTest Once, Map Everywhere
Problem: Forecasting
What produces it today: Last year's plan

Coverage is set by cycle and habit rather than by modelled risk, so the plan does not follow where failure is most likely.

Engine: foresight icon Foresighthorizon icon Horizon
The applications that replace it: Risk-Ranked Audit PlanClause Failure Likelihood
What becomes possible

12 AI applications that could be relevant

A sample of what becomes possible on the decision layer, not a fixed list: each application draws on the same data foundation and audit trail, and new ones are configured on the engines, not built from scratch.

Nexus
Evidence Collection

Evidence pulled from source systems on schedule and attached to the control.

Nexus
Standard To Checklist

Any standard becomes a clause library, a question set and a working checklist.

Nexus
Test Once, Map Everywhere

One control tested once, mapped to every framework that relies on it.

Nexus
Third-Party Audit Reuse

Read an existing supplier audit report and map it onto your own checklist.

Nexus
Report From Live Evidence

The execution report is generated from evidence, not reassembled by hand.

Foresight
Risk-Ranked Audit Plan

Audit risk scored by site and contractor so coverage follows the risk.

Foresight
Clause Failure Likelihood

Predicts which clauses are most likely to fail at a given site.

Pulse
Lifecycle Watch

Findings, exemptions and self-assessments alert their owner before they slip.

Pulse
Root Cause, Structured

8D and 5-Why in the flow, with cause, finding and evidence staying linked.

Pulse
Control Drift

Catches the control that quietly stops working between one audit and the next.

Horizon
Coverage And Cadence Model

Change coverage or cadence and see the effect on findings before you publish.

Horizon
Closure Target Scenario

Model a closure target or a contractor capability uplift against open findings.

How work changes

A day in a continuously assured organisation

Or watch this day as a film.

Today: The plan is last year's plan, adjusted at the edges.

With Prophesee:
08:00foresight icon Foresight
The plan follows the risk

Audit risk scored by site and by contractor. Coverage reallocated before the committee asks about it.

Today: A new standard becomes a Word document and a workshop.

With Prophesee:
10:45nexus icon Nexus
Clause to checklist

A new standard becomes an executable audit. Every question traced to the clause that raised it.

Today: Root cause is a free-text box nobody reads twice.

With Prophesee:
13:30pulse icon Pulse
Root cause, structured

8D and 5-Why in the flow. The finding, the cause and the evidence stay linked to each other.

Today: The report is reassembled by hand from field notes.

With Prophesee:
16:00nexus icon Nexus
The report assembles itself

An execution report generated from live evidence, rather than reassembled from documents.

Assurance improves when evidence is always available.

Evidence once, assure everywhere

We agree the metric and the baseline in week one, and measure the result on your data.