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Courses/Audit & Assurance/Risk Management

AI Governance in 2026: What Audit, Finance & Risk Leaders Must Know

Master emerging regulatory frameworks to mitigate financial risks, ensure audit compliance, and build a secure governance foundation for enterprise artificial intelligence.

Created byNirpendra Ajmera
BeginnerUpdated Jul 2, 2026
AI Governance in 2026: What Audit, Finance & Risk Leaders Must Know

What You'll Learn

check_circleIdentify key AI governance risks including hallucinations, model drift, Shadow AI, and third-party model dependencies.
check_circleExplain emerging global regulatory and governance expectations impacting AI use in audit, finance, and risk functions.
check_circleApply the three lines model to define clear accountability for AI-related risks and controls.
check_circleEvaluate practical audit approaches for assessing AI inventories, monitoring drift, and testing governance effectiveness.

About This Course

Artificial intelligence is now embedded across finance, audit, and risk functions—but governance frameworks are struggling to keep pace. As organisations rapidly deploy generative AI, predictive models, and embedded third-party tools, control environments are increasingly exposed to risks such as hallucinated outputs, model drift, Shadow AI adoption, data integrity failures, and opaque vendor dependencies.

This course explores the growing governance gap in 2026 and what it means for audit, finance, and risk leaders. Participants will examine emerging regulatory expectations, accountability under the three lines model, and practical approaches to building audit-ready AI oversight. The focus is on translating complex AI risk concepts into clear, testable governance structures that assurance professionals can evaluate—without requiring technical expertise.

Attendees will leave with practical tools, checklists, and audit approaches to assess AI inventories, monitor model behaviour, and strengthen organisational control frameworks.

Key Topics Discussed:

  • The Exponential Pace of AI Adoption Versus Governance Gaps
  • Critical AI Governance Risks
  • The OECD Principles of AI Governance
  • Statistical Tools for Explainability and Creating AI Decision Audit Trails
  • Changing Regulatory and Governance Expectations
  • The IIA Three Lines Model Applied to AI Risks
  • Audit Approaches and Verification Techniques for Critical AI Governance Elements
  • Opaque Vendor Dependencies and Third-Party AI Compliance Risks
  • The Proliferation and Governance Impact of Shadow AI and Agentic AI
  • Board-Level AI Literacy, Reporting Requirements, and Oversight Challenges
  • Developing Tailored Enterprise-Wide Corporate AI Policies
  • Training Gaps and Required Skill Sets for Internal Audit Functions

Your Instructor

Nirpendra Ajmera
Nirpendra Ajmera

Chief Audit Executive | Governance, Risk & SOX Leadership | AI & ESG Integration

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Nirpendra (“Nick”) Ajmera is a global audit and risk leader with over 20 years of experience strengthening governance, controls, and decision-making across North America, Europe, and Asia-Pacific. His work spans utilities, telecommunications, manufacturing, IT, logistics, and the public sector, where he has built and led internal audit, SOX, and enterprise risk management functions in complex, asset-intensive environments. In his role as Chief Audit Executive within a major public-sector utility, he leads risk-based audit activities and partners with senior leadership to reinforce governance, enhance accountability, and support organizational performance. His career highlights include leading risk governance during billion-dollar M&A transactions, establishing enterprise-wide audit and risk programs from the ground up, and guiding organizations through transformation and operational change. He has worked across four continents, collaborating with diverse teams and navigating varied regulatory landscapes. Nick is known for his hands-on leadership style, strong ethical discipline, and practical, business-focused approach to strengthening controls and anticipating risk. His thought leadership has been featured in Chartered Institute of Internal Auditors, Kaplan, InternalAudit360, MYCPEONE, New York Weekly, CEO Weekly, Business Today, India Today, and Hindustan Times, reflecting his commitment to advancing the profession through clear and accessible insights. He holds the CA (India), CIA, CISA, and CFE designations, combining deep technical expertise with strategic insight. Outside of his professional work, he writes on internal audit, controls, and governance, and mentors professionals in audit, finance, and risk, supporting their career development with a focus on confidence and integrity.

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We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.