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.
Audit: a day in the life
One working day inside Audit, from the morning forecast to the evidence that the intervention worked.
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.
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.
From standards to evidence
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.
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.
Coverage is set by cycle and habit rather than by modelled risk, so the plan does not follow where failure is most likely.
Audit risk scored by site and by contractor, open findings forecast forward, and first-pass effectiveness measured so the plan follows the risk.
Controls drift between audits and closed findings quietly reopen, and neither is visible until the next visit.
Findings due and overdue, exemptions awaiting approval, root cause awaiting review, self-assessments overdue. Every one alerts to a named owner.
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.
Change coverage, cadence, closure targets or contractor capability and see the effect on findings and readiness before the plan is published.
Turning assurance into a continuous process
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.
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.
Controls drift between audits and closed findings quietly reopen, and neither is visible until the next visit.
The same factory is audited five times a year by five customers against overlapping question sets, because no one accepts anyone else's report.
Coverage is set by cycle and habit rather than by modelled risk, so the plan does not follow where failure is most likely.
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.
Evidence pulled from source systems on schedule and attached to the control.
Any standard becomes a clause library, a question set and a working checklist.
One control tested once, mapped to every framework that relies on it.
Read an existing supplier audit report and map it onto your own checklist.
The execution report is generated from evidence, not reassembled by hand.
Audit risk scored by site and contractor so coverage follows the risk.
Predicts which clauses are most likely to fail at a given site.
Findings, exemptions and self-assessments alert their owner before they slip.
8D and 5-Why in the flow, with cause, finding and evidence staying linked.
Catches the control that quietly stops working between one audit and the next.
Change coverage or cadence and see the effect on findings before you publish.
Model a closure target or a contractor capability uplift against open findings.
Today: The plan is last year's plan, adjusted at the edges.
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.
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.
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.
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.