There are multiple ways internal auditors can leverage ChatGPT in their work, but they also should be cognizant of privacy concerns.
Artificial intelligence (AI) has the potential to transform the internal audit profession. ChatGPT, a large language model trained by OpenAI and based on the GPT-3.5 architecture, is an AI tool that can help internal auditors in various phases of their audit work. This blog post is a good example of that kind of teamwork: I co-wrote it with ChatGPT. What follows are examples of ways internal audit can leverage the power of ChatGPT— with some caveats for privacy concerns.