What are AI Powered Internal Controls?

Welcome to "Compliance Tip of the Day," the podcast where we bring you daily insights and practical advice on navigating the ever-evolving landscape of compliance and regulatory requirements. Whether you're a seasoned compliance professional or just starting your journey, our aim is to provide you with bite-sized, actionable tips to help you stay on top of your compliance game. Join us as we explore the latest industry trends, share best practices, and demystify complex compliance issues to keep your organization on the right side of the law. Tune in daily for your dose of compliance wisdom, and let's make compliance a little less daunting, one tip at a time. This week we return to one of my favorite topics in compliance, that being internal controls. Yesterday we set out the need for monitoring of internal controls. Today we being a discuss on AI powered internal controls. For more on this topic, check out The Compliance Handbook, a Guide to Operationalizing your Compliance Program, 6th edition which was recently released by LexisNexis. It is available here.