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2025 Award Season Recap​

This year’s Audit Innovator Award celebrated those who brought ideas to reality and ignited a spark of inspiration for the future of internal audit. This prestigious accolade honors individuals and teams who exemplified innovation, advancing the profession through strategic transformation, cutting-edge technology, and a strong focus on people and culture as well as those who demonstrated a broad-based commitment to innovation and transformation.

Thank you to all who applied and congratulations to the winners for their remarkable contributions, which serve as inspiration for the entire profession.

2025 Award Season by the Numbers:

Audit professionals contributed to this year’s submissions

of applicants have internal audit functions with over 25 Full-time employees​

of applicants were associated with Fortune ranked companies.

Meet the 2025 Winners​

Audit Strategy and Transformation

 

This category recognizes bold ideas that elevate and transform audit strategy. Mogan Stanley’s Internal Audit Department is recognized for developing Assurance Hub, a purpose-built, in-house platform that unifies risk assessment, planning, execution and reporting in a single, data-driven environment. Powered by intelligent automaton, embedded analytics, and emerging technologies, including GenAI, Assurance Hub improves audit efficiency, enhances transparency, and strengthens audit impact.

Enabling Technology

 

This category recognizes organizations leveraging technology to significantly enhance audit effectiveness and insights. BNY’s Internal Audit department is recognized for its Agentic AI Initiative, which modernizes audit through a governed, AI-driven ecosystem of intelligent automation and advanced analytics. With more than 1,000 personal agents deployed, the initiative expands audit coverage, accelerates risk analysis, and enables scalable, data-driven insights.

People and Culture

 

This category recognizes deliberate investments in people and culture to build and sustain an innovation mindset across the function. IDB’s Internal Audit Department is recognized for its AUG Exploration Team, a people-first innovation model that develops auditors into “digital explorers” through continuous learning, experimentation, and collaboration, fostering a sustained culture of curiosity and innovation.

Audit Trailblazer

 

This category recognizes sustained, multi-year enterprise-wise innovation. Microsoft is recognized for modernizing internal audit through agile audits and risk program management while embedding AI, automation and analytics, including GenAI, across the audit lifecycle. These efforts have saved thousands of hours and scaled adoption through innovation labs, change agents and hackathons.

Audit Trailblazer

 

DTCC, a 2025 Audit Innovator Award winner, is recognized for embedding scalable analytics into core audit work, applying intelligent document processing and graph-based anomaly detection, and delivering real-time leadership visibility through dashboards. These efforts are supported by champion networks, digital literacy programs, department-wide hackathons, and the application of gamification to drive digital adoption.

Award FAQs

What is the purpose of the award program?

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The Audit Innovator Award program celebrates forward-thinking internal audit professionals who are shaping the future of the profession. It recognizes individuals and teams driving meaningful change through strategic innovation, technology enablement and people-centered practices. By spotlighting excellence in Audit Strategy & Transformation, Enabling Technology, and People & Culture, the program honors those advancing audit effectiveness, agility, and impact across their organizations.

What is the judging process? Who is involved? 

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The judging process for the Audit Innovator Award program is conducted by leading representatives from the internal audit profession. These esteemed professionals bring a wealth of experience and expertise to ensure a thorough review of all applications. The selection process is designed to recognize individuals who have made significant, measurable impacts through their innovative contributions.

What is the nature of the prize if selected?

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The recipients of the Audit Innovator Award were honored with prestigious recognition for their significant contributions to the field of internal audit. The winners received public recognition highlighting their contributions (including press releases, social media, and features in industry publications), along with a physical award and collection of perks designed to further enable their innovation and best practices.

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