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AI for IAs on a Budget: Tools and Tactics for Internal Auditors

May 6, 2025 | 2:00 PM - 3:00 PM

May 6 @ 2:00 pm 3:00 pm EDT

Members only event

AI is rapidly transforming the internal audit landscape—but adopting it doesn’t have to come with a high price tag. This roundtable will explore practical, no- and low-cost AI tools that internal auditors can use to enhance efficiency, improve analysis, and add value to their organizations. We’ll discuss real-world use cases, demonstrate accessible tools, and share experiences from audit teams experimenting with AI on a budget. Whether you’re just beginning your AI journey or looking for cost-effective ways to expand your capabilities, this session is designed to provide insights and resources you can start using right away.

After attending this webinar, participants will be able to…

  1. Identify no- and low-cost AI tools that can support internal audit activities such as data analysis, report writing, and risk assessment.
  2. Understand practical use cases for AI within the internal audit function, with a focus on efficiency, accuracy, and value-added insights.
  3. Evaluate the potential benefits and limitations of free or low-cost AI solutions in the context of internal audit responsibilities.
  4. Discuss key considerations for responsible and ethical use of AI tools, including data privacy, bias, and internal control implications.
  5. Apply at least one AI tool or technique demonstrated during the session to enhance a current or upcoming audit project.

Delivery Method: Group Internet
Field of Study: Auditing (Governmental)
Advance Preparation: None
Prerequisites are required: No
Cost: Free for members; members only
Recommended CPEs: 0

Host Information

ACUA AI Committee

Mandy Walker

CAE for the Arkansas State University System

Jordan Ramsey

Deputy Director of Internal Audit at Mississippi State University

Steven Ridout

Audit Manager, The University of Mississippi