In this episode of "Speaking of Risk and Audit," host Richard Chambers is joined by Mike Levy, CEO of Cherry Hill Advisory. Together, they delve into the evolving landscape of internal audit, discussing emerging risks such as cybersecurity and artificial intelligence that keep Chief Audit Executives (CAEs) up at night. Mike shares insights from his extensive experience, highlighting the importance of adapting to new global internal audit standards and the strategic role of CAEs in addressing these modern challenges. The conversation covers the need for ongoing risk assessments, the integration of AI in audit processes, and strategies for overcoming talent shortages in the industry. As they explore the potential and pitfalls of AI, the discussion provides a comprehensive look at both the promise and threats posed by technological advancements in the field. Tune in to gain expert perspectives on navigating the complexities of today's internal audit world and learn how to position your audit function for success.