AI Audit Readiness Assessments for Regulated Enterprises

What an AI audit readiness assessment covers

A complete assessment spans governance, documentation, technical controls and operational practices. It is designed to surface the issues internal audit and external supervisors will raise - before they do.

• AI inventory completeness and risk classification
• Annex IV technical documentation per high-risk system
• Data governance, lineage and quality controls
• Model validation, monitoring and challenger coverage
• Human oversight design and operator training
• Third-party and vendor AI due diligence
• Incident response and serious incident reporting readiness
• Board, committee and supervisory reporting cadence

Designed for internal audit and second line

Our assessment outputs are formatted for direct consumption by internal audit, second-line risk and compliance functions. Findings are mapped to control owners, criticality and target remediation date. We can co-deliver with your internal audit team or operate fully independently.

Typical engagement

A standard assessment runs 4-6 weeks: kickoff and scope, evidence collection, technical and governance review, executive readout and prioritised roadmap. For large estates we run a phased model: pilot assessment on the two or three most material systems, then horizontal scale-out.