Blog and Resources
Blog and Resources
Two AI Shortcuts for Internal Audit and Financial Reporting (No Training Required)
Risk Oversight hosted several AI peer groups this year, bringing together internal auditors, controllers, and finance professionals to share what's actually working. Not the theoretical stuff. Not the "AI will transform everything" keynote material. The real,...
Forget the Heat Map. Grab a Coffee: Low-Tech Tips to Manage Risk
Disinformation. Geopolitical chaos. Supply chain disruption. Cyber threats. There's no shortage of excellent reports on emerging risks—MNP's Canadian risk trends, Diligent's ERM strategy guide, NSSG Global's five critical trends. All are worth your time. Yet getting...
5 Business Disruptions We Can’t Ignore: The State of Knowledge Work for 2026
Let me be clear: I'm optimistic about AI and the future of work. But optimism without awareness is just naivety dressed up in a vision statement. As we step into 2026, I've collected five ideas that made me stop scrolling and start thinking—the concepts that challenge...
10 Essential Governance Conversations to Have Before the Year Ends
Sure, we've got economic uncertainty and the AI revolution to contend with. But let's not lose sight of the fundamentals—good governance is always in style, especially as we approach year-end. As someone who spends their days (and sometimes nights) in the governance...
Are Your AI Goals Working? A Reality Check on the State of AI Strategy
It's easy to get lost in a tsunami of AI hype. Between vendors promising the moon and consultants positioning themselves as AI prophets, the noise level is deafening. It can feel like everyone is an expert except you. Here's the thing: Most of us in the corporate...
The New AI Productivity Rule: Aim for 20% (Not 80%) Goals
If you’re drowning in AI confusion, you’re not alone. Yes, AI is transforming—and sometimes eliminating—routine tasks like data entry and basic processing. (Those jobs are toast.) But here's what the hype machine misses: The revolution for professionals and knowledge...
Interview with Sylvia Groves: Canada’s Expert on Minutes
In the world of corporate governance, few topics are as universally relevant yet misunderstood as meeting minutes. I recently had the privilege of sitting down with Sylvia Groves for a fascinating discussion about this critical aspect of board operations. Sylvia is widely regarded as Canada’s foremost authority on minute best practices, having advised boards across industries and organization sizes throughout her distinguished career. Her book, AAA+ Minutes, has become an essential resource in a field where quality guidance has been noticeably lacking. For governance professionals, CPAs, auditors, and internal control specialists, Sylvia’s practical wisdom fills a significant gap in the professional literature.
AI Innovation Also Needs AI Governance–How to Roll Out the Right Policies at the Right Time
As I observe my clients navigating the intense push for AI innovation, I’m seeing its impact on virtually every area of my core business in audit and risk management. From documentation to governance, internal controls, internal audit, and even board-level decision...
Bird’s Eye Diagram to Boost Your Design Work
The bird’s eye diagram is a diagramming technique we use with our clients to see the big picture without getting lost in a vortex (or rabbit hole) of details. You can use this technique on projects like internal controls, audits, SOX, CSOX, ICFR programs or process design or system implementations too. A bird’s eye diagram gives your process owners, auditors, and leaders a clear, aerial view of your processes. It’s a supercharged version of the more familiar swim lane diagram which is about visually representing a process, workflow, or system using parallel lanes. We’ve been using, testing, and improving our bird’s eye method with clients for over a decade.
Yes, AI Is Impacting Internal Controls and Audit
Given the number of questions Risk Oversight receives about AI and steps companies should be taking, we wanted to share our thoughts on how generative AI is impacting our work and what we need to be doing right now as professionals, leaders, and organizations. But over the past 6 months–prodded by conversations, conferences, and colleagues–we’ve taken a more proactive approach. We began testing specific business cases and applications of AI in our own business, in our client work, and with some initial advising. Our preliminary conclusion: We’re convinced that generative AI represents a substantial shift in how we operate and the internal control, internal audit, and GRC (or governance, risk, and compliance) landscapes.