The Internal Audit Walkthrough Wizard is an AI agent accesible via Teams that provides the users with guidance on upcoming walkthrouhgs, pulls information on applicable controls, and provides answers on applicable internal policies.
The agent taps into a SharePoint site for policies and uses RPA flows to filter the latest SOX Controls captured in an online Excel file. It uses its AI capabilities to come up with possible questions based on the controls and policies provided to the auditor.
Let's assume here that you are a Finance and Operations staff auditor. Every month you are assigned to a new entity to audit, and 3 - 5 areas to audit for that entity. For each of these areas you have to determine the controls to audit, applicable policies, and quetions to ask during the walkthroughs. This can take quite some time in administrative work. It's tedious and robs you from time better dedicated to preparing for the audit and analysis of the entity.
An agent that provides the staff auditor with applicable controls, risks, policies, and questions for an upcoming walkthrough of an area in scope, within seconds.
Development took 6 weeks and by the end the users were able to interact with the agent via Teams.
Auditors started leveraging the solution right away, saving a approximately 30 minutes per area in scope.
As agentic solutions become more powerful, the Walkthrough Wizard will more than likely be migrated to a CoPilot Web solution that works out of a more robust prompt.