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Auditing Artificial Intelligence

Online Exclusives James Bone Oct 14, 2020

Internal auditors can develop a framework for conducting AI engagements, despite a lack of standards and guidance.

The development of artificial intelligence (AI) has become a national strategic imperative for countries as diverse as Canada, China, France, Russia, the U.K., and the U.S. Likewise, the global AI software market is expected to expand from approximately $10 billion in 2019 to $125 billion by 2025, according to technology research firm Omdia|Tractica.

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James Bone

James Bone is executive director of GRCIndex and principal investigator at the Cognitive Risk Institute in Lincoln, R.I.​