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Norman Marks on Governance, Risk Management, and Internal Audit

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Title: Norman Marks on Governance, Risk Management, and Internal Audit | Copyright Norman Marks, all rights reserved

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KPMG explains how to audit AI
Their article, Beyond governance: How Internal Audit builds real trust in AI, makes many of the points I have made in recent blog posts, such as: But then it goes further with ideas on specific audit approaches. I love it! I confess to not being an expert on the technical side of AI, so I […]

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We must worry about AI governance. It is critical to enterprise success
Organizations around the globe are incorporating AI agents into their business processes, products and services, decision-making processes, and more – such as risk management, information security, compliance, and internal auditing. But the AI agents: I have been using ChatGPT quite extensively this year. It’s great at creating images for my blog posts and books. But […]

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A brilliant vision of internal audit in the still-developing AI-era vs. my paranoia
My vision seems to be totally at odds with almost everyone else. Let me explain. The world is changing, not least how organizations will run their business. Processes, organization (i.e., people), and systems will change. But the great majority of internal auditors talk about using AI to make what they have always done more efficient, […]

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I’m taking a lot of risk next week
On Thursday, I will drive 13 miles from my home to the Bridge Center in Mountain View, California, where I will be playing in a duplicate bridge tournament. My objective is to play well in that event. But there are a lot of risks to that objective. There are risks in getting there, including: There […]

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What do they need to know about risk?
One of my mantras that I have been preaching for a long time is: Tell them what they need to know, when they need to know. To that we can add ‘in a way that is easily understood and actionable’. That last word comes from my meetings at NACD events when director after director complained […]

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