Data Science is dead.
That's what Emmanuel Ikogho says, and he has a reason to say it. He recently participated in a Data Science competition only to find out that the winner...
Well, I'll let him tell you the story.
Article: https://medium.com/@emmanuel_ikogho/data-science-is-dying-heres-why-399f1e8ea013
I need your feedback.
What topics do you want me to cover on my podcast?
Who would you like me to interview?
What formats do you like? Debates, hot seat episodes, Audit Fail or 'For Real Life' (discussion of real case scenarios or problems you need practical advice on)?
Let me know via LinkedIn!
If there’s a silver lining to COVID-19, it’s that most documents can now be digitally signed.
However, with new methods come new opportunities for fraudsters to exploit.
Listen to Jean Martina, a Professor and Researcher specializing in electronic documents and signatures, discuss the different types of digital signatures and how internal auditors can better equip themselves to detect fraud in this area.
Join us for the Audit Challenge Conference on October 8, 9 and 10.
The conference will cover various topics including Gen AI, machine learning, quantum computing, industrial metaverse, transforming internal audit functions, systemic global risks, and ESG, among others!
Want to join for free? Be one of the first 10 listeners to message me or Dominik Foerschler and answer the question:
How many years has the 2024 Audit Challenge conference series beenrunning?
audit-championship.com/en/conferenceseries2024
Are the topical requirements a good thing for the internal audit profession?
Hal Garyn argues they are not, providing three reasons against them.
Abbas Al Lawati disagrees. He sees benefits from the topical requirements.
Tune in for more details and insights on this important topic for the profession.
What are your thoughts?
Remove barriers and streamline the audit process from planning, scoping to fieldwork, reporting and follow-up.
Masterclass from Rupert Bamberger.
Data privacy is a big risk.
For practical advice on how to address these issues, listen to Debbie Reynolds, a Data Privacy expert and host of the Data Diva Talks Privacy podcast.
What should we do to avoid scope creep?
Listen to three practical tips from Leita Hart-Fanta.
What works and what doesn't work with Control Self Assessments?
If you have it at your organization or are thinking about implementing it be sure to listen to Tom McLeod, Rob Berry, and William Carvalho for insights and save yourself some time from costly mistakes!
Second 'For Real Life' episode!
Here was the question from a listener: What should I do if my organization is facing issues and those in charge do not see the problems and blame those who highlight them? Executives and the Board are not supportive.
My guests, Roy King, Soneel Choraria, and Rob Berry share practical advice on dealing with C-level executives who refuse to acknowledge organizational issues. They discuss understanding human behavior, emotional triggers, and communication styles. Tune in to learn how to deal with such situations!
Welcome to the first ‘For Real Life’ episode of the AUDIT 15 FUN podcast, where we answer real scenario questions from our audience!
In the first episode Linh Truong, Joseph Zumasigee, and Marco Nutini answered the following question:
How do you get your organization to take risk management frameworks seriously, particularly in unregulated industries, to facilitate aligned risk management?
Linh, Joseph and Marco share practical advice and first hand experience in handling that!
In this episode, I'm joined by Julia White, Director at IAC, aspecialist internal audit recruitment agency.
Julia shares insights on the benefits of using recruitersfor companies and highlights the advantages for individuals.
Lastly, she reveals the key skills internal auditors willneed to succeed in the next two to five years.
What skills do you think will be critical to stay ahead in internal audit?
In this episode, I welcome Alex Rusate, SVP and Director of Internal Audit at Arrow Financial, to discuss the Emerging Leaders Program by the Institute of Internal Auditors (IIA).
Alex shares his experience as a pilot program participant,highlighting the program's benefits, including career advancement, soft skill development, and networking opportunities.
Don’t miss the deadline to apply: September 15th!
In this episode, I welcome Scott Madenburg, founder of ArcHybrid, to discuss his experience in internal audit at a Start-Up.Scott shares his journey, highlighting the differences in structure and approach. He emphasizes the importance of adaptability, communication, critical thinking, entrepreneurial spirit, and technical proficiency. Tune in for insights on navigating internal audit in a Start-Up environment.
Check out the video podcast on:
https://tinyurl.com/3s2fmvap
One idea you can put in practice right away!
Summary of the IIA International Conference in Washington, DC from the perspective of eight internal audit leaders.
Join us for a debate on the use of AI avatars in internal audit, featuring Tom McLeod, experienced CAE and CRO, and Todd Davis, seasoned audit and risk committee chair.
Tom argues that AI avatars can enhance engagement, education, and scalability in internal audit, while Todd cautions that clarity of thought and communication are key, and avatars may be a "crutch" rather than a solution.
Are AI avatars the future of internal audit communications?
En este episodio, discutimos las nuevas normas de auditoría con Jorge Badillo en el Hot Seat; coanfitriones Jocelyn Cortés, presentadora del podcast "Auditoría en Movimiento"; y Ronald Fernández Romero, auditor con más de 20 años en el sector financiero. Exploramos cómo estas normas pueden fortalecer la profesión, promover la sostenibilidad y mejorar el impacto público. También abordamos la inteligencia artificial en la auditoría y cómo adoptarla sin perder el enfoque humano. Finalizamos con consejos para auditores nuevos y estrategias para implementar las nuevas normas de manera efectiva.
In this episode, Jeff Brown, author of "Leading the Digital Workforce" and former CISO at the State of Connecticut and currently at Microsoft, joins the podcast to discuss IT leadership, building personal resilience, and avoiding stress and burnout. Jeff shares insights from his book and his experience in IT leadership, covering topics such as:
How future IT leaders can shift from being primarily technology-focused to becoming more business-focused
Strategies for building personal resilience, including morning and evening routines, setting upper limits, and avoiding multitasking
Overcoming common challenges in implementing change, including resistance to change, inadequate resources, and poor communication
Listen to the episode to learn more about Jeff's insights and experiences, and how they can apply to your own work in IT and internal audit.
In this episode, Hernan Murdoch, author and VP of audit content at ACI Learning, and Sanjay Vadlamini, an experienced internal audit leader, discuss the risks of internal audit being outsourced due to complexity, technology, and trust issues. They also discuss the need for internal audit to focus on strategic risks, build relationships, and collaborate with other players to provide comprehensive assurance. The conversation highlights the importance of continuous learning, and emphasize the need for grassroots advocacy in promoting the profession.
In our latest AUDIT 15 FUN podcast episode, Viquaruddin Hussain Syed, a Chief Audit Executive from Oman, shares his expertise on transforming the common perception of audit teams from adversaries to allies. He highlights the importance of effective communication and building partnerships to achieve this goal. What steps have you taken within your organization to showcase audit as a valuable friend?
Join us for a discussion with Doug Pflug, author of 'Finding Your Granite' and 'Leadership Moving Forward'. Doug shares insights on leadership, vulnerability, and kindness, emphasizing the importance of vulnerability as a superpower. He also discusses his approach to multigenerational leadership. So, what are your granites - the core values that drive you?
Join us for a SECOND hot seat episode with Nam Phong Ho, former CAE at Glencore. Nam shares his insights on how to stay ahead of the curve, from building a squad team to tackle innovations like AI and data analytics to implementing scenario simulation testing. Learn how Nam transformed Glencore's internal audit function. Don't miss this episode full with practical advice and real-world examples!
Join us for a debate on the effectiveness of remote work in internal audit. Mike Jacka, an experienced internal audit thought leader, argues that remote work diminishes the effectiveness of internal audit, particularly in building relationships. David Hill, CEO of Swap Internal Audit Services, disagrees, citing benefits such as increased employee wellbeing, wider talent pool, and reduced overhead costs. Listen to their perspectives and decide for yourself!
Join us for a "Hot Seat" episode with special guest Clarissa Lucas, author of "Beyond Agile Auditing"!Alongside co-hosts Rob Berry and Tracy Marquardt, we're shaking things up, exploring how agile auditing can enhance your team's performance and client relationships. Ready for the next level?
In this episode, Jim Grimes, a seasoned internal audit professional, shares his approach to identifying, mentoring, and empowering future leaders. He discusses leadership development, and knowing when to stop investing in someone's growth.
May is Internal Audit Awareness Month!
Join Richard Chambers and Abbas Al Lawati as we discuss practical ways to promote internal audit awareness within your organization and beyond.
In this episode, Richard Chambers and Norman Marks discuss the importance of strategic planning in internal audit.
Richard argues that a strategic plan is essential for internal audit to align with the organization's goals and stay relevant, while Norman believes that a formal plan is unnecessary and may even be a waste of time.
Join us as we explore what this means for the future of the profession.
Matej Drascek wrote an article on Purpose-Driven Internal Audit earlier this year.
You can read it here: https://tinyurl.com/5ydhwsb7.
His inspiration came from a conversation with Dr. Ahmed Shawky Mohamed.
I found the article so thought-provoking that I invited Matej onto my podcast to discuss it further.
We discussed what drives people's interest in the internal audit profession. What is his spark? What is YOUR spark?
In this second episode of a two-part series, we explore the key actions Chief Audit Executives and their teams must take to align with the new IIA Standards, specifically Domains IV and V.
Listen to expert insights from Harriet Richardson and Doron Ronen.
In this first episode of a two-part series, we explore the key actions Chief Audit Executives and their teams must take to align with the new IIA Standards.
Listen to expert insights from Naji Fayad and Paul Sobel.
Plus, bonus question on Independence and Objectivity at the end!
Link to article referenced: https://tinyurl.com/4x5xfa7t
Have you heard of the five lines of accountability from OCEG?
Or perhaps you're wondering what OCEG even is?
Listen to Adrian Resag, Academic Director for OCEG, as he shares valuable insights on what this organization can offer internal auditors.
How do culture audits differ from HR surveys? What tangible benefits do they offer?
These were the two questions posed to Linh Truong, author of The Seven Deadly Sins of Organizational Culture, and James Paterson, author of Beyond the Five Why's.
Should internal audit only report to the board?
Or is administrative reporting to the CEO/CFO still acceptable?
What even is administrative reporting, anyway?
Tune in for a thought-provoking discussion that will make you rethink the terms we've always taken for granted!
Have you read the NACD 2024 Governance Outlook report.
As an internal auditor, you should. It's what Board Directors care about in 2024.
How can reconcile their needs with our work?
Listen to Friso van der Oord, Senior VP of Content at NACD, for his insights on the topic!
Why?Lack of executive sponsorship? Risks implicitly accepted by the business?What is the root cause of action plans never being completed?
Get ready for a ChatGPT showdown! Abbas Al Lawati and Alex Rusate go head-to-head, tackling an easy and a tough question. I then throw them a curveball to put their skills to the test!
CHECK IT OUT HERE: http://tinyurl.com/35e8t288
Have you ever used humor to ease the tension and create a friendly atmosphere during audit projects?
A timely joke often makes complex reviews feel more manageable.
Don't miss an engaging discussion with Aziz Fatalyiev and Yevgenya Rossova, IIA Presidents of Azerbaijan and Kazakhstan, on the significance of humor in auditing.
How do you use humor in your audit projects? Share your stories in the comments below!
Internal Auditors do not have business acumen.
That is a common complaint about the profession.
So, what steps are you taking to bridge this gap within your team? How do you plan to enhance your business acumen through training? Join Sowmya Krishnan and Shagen Ganason for an insightful conversation on this topic.
Linh Truong provides a detailed approach on how to do it!
Video episode: http://tinyurl.com/3ux4neeh
What does it take to become a CAE? What does it take to keep your CAE job? What are some characteristics of future CAEs?
Listen to Antonius Gunadi, an experienced audit leader, for his insights!
Ever wondered what former internal auditors think of internal audit?
I was curious, so I asked within my company.
Join me for insightful perspectives on the Good, the Bad, and the Ugly of Internal Audit from Kelly Bucher, Director Technology Planning, and Ben Lewenczuk, Assistant Treasurer, both from Casey’s.
Alex Rusate was a member of the IIA pilot mentoring program with only about 20 participants. The program has grown to more than 800 participants across the globe.
What can you do as a mentor and mentee to make the most of the program? How has it helped Alex? Listen in to find out!
Dr. Hernan Murdock has released a novel titled "The Change Agent". The book follows the journey of a Chief Audit Executive (CAE) faced with the ultimate challenge: transform and enhance the internal audit department or risk outsourcing the function.
What would you do under those circumstances?
Even if not currently facing this challenge, the book offers valuable insights for those seeking to improve their internal audit function.
I hope you enjoy it!
Do you follow up on management action plans?
Rarely we should, in Norman Marks' view.
Mary Ann Khalil disagrees with that. In her view, what is not documented is not done.
Anthony Garnett tends to agree with Mary and also thinks we should follow up on the risks instead of the exact actions agreed on. In his opinion, we should give management some time to respond to our findings, sometimes maybe even up to six months. After all, we at times deal with very complex issues. The crockpot versus microwave method.
What do you think? Do you agree?
Listen to this AUDIT TRUEL for great insights from three influential thought leaders.
Many thanks for Mansour Lo for the idea for this episode!
What is the difference between a boss and a leader?
What should you do to be a good leader and not a bad boss?
Listen to Nichole Thompson for her insights on the topic!
On February 24, 2022, Iryna Unguryan's life took an unimaginable turn as Russian forces invaded her home country of Ukraine, forcing her to flee and leave everything behind.
In this moving and motivating episode, gain a brief insight into her resilient path and discover what internal auditors can learn from her story to enhance their approach in the face of uncertainty.
Should we outsource Internal Audit?
That was the crux of the debate between Alex Sidorenko and Doug Anderson.
The only thing they agreed on was that Internal Auditors need more business acumen. What are your thoughts? Should it be outsourced?
What are the benefits and challenges of a guest auditor program?
What does it have in common with the book 'To Kill a Mockingbird'?
What does a guest auditor think of the internal audit process?
Listen to Gijs Hendrix for his insight on guest auditor programs, and Raycardo Leite for his experience with it as a non-audit professional.
Check Gijs' extensive research on the topic here: https://tinyurl.com/4pvsvum7
What are the successful traits of an internal auditor?
Humble? Sure, but when is it okay to brag a little?
Great communicators? Sure, but what are practical tips to get better at it?
Listen to Shagen Ganason, CAE in South Korea, for his insights.
You are interviewing for a Chief Audit Executive position.
What should you do to prepare?
What should you avoid doing?
What should be your priorities after joining?
Listen to Chifundo Biliwita for his insights after recently going through that journey.
In the latest AUDIT 15 FUN episode, I interviewed Brian Nosek, a professor at the University of Virginia and Executive Director at the Center for Open Science, about Francesca Gino, a dishonesty researcher accused by the Data Colada team of data fraud.
What evidence did the Data Colada team provide to support the fraud allegations?
Are there alternative explanations that could clear Gino of any wrongdoing?
In the broader context, how can we ensure researchers maintain honesty in their work?
Listen to the episode to hear Brian's insights and opinions.
Full transparency for this episode: Brian is a fundraising organizer for the Data Colada team.
The views, thoughts, and opinions expressed by those interviewed on the AUDIT 15 FUN podcast are solely their own and do not represent the views, thoughts, and opinions of Jon Taber or of the AUDIT 15 FUN podcast.
How do you audit culture?
How do you differentiate when culture is a symptom and when it is the root cause of an issue?
Can a small ‘culture issue’ turn out to be much more than that?
Listen to James Paterson, author of Beyond the Five Whys, to find out!
What does magic have to do with fraud?
What is the relation between the COSO framework and the rubik's cube?
Listen to John Tonsick to find out!
Check the video episode here: https://tinyurl.com/pt9zepd3
How can internal auditors balance the conflicting priorities of various stakeholders, such as investors, regulators, employees, and the wider community?
What is the best to engage with those stakeholders?
And if we have not met their expectations, what can we do to regain their trust?
Listen to Sundaresan Rajeswar, CAE in Qatar, for a masterclass on the topic!
Your company gets a hint of a significant cybersecuritybreach. What are the first three actions you would take?
How has the digital transformation in recent years changed corporate governance?
What theoretical governance principle is the hardest one to implement?
Listen to Lior Segal, Chief Audit Executive in Israel, for his thoughts on these topics.
How would the auditing process work if every strategic decision translated into ethical credits or debits?
If a company uses an ethically sound strategy that jeopardizes its competitiveness, what advice would you provide to its strategic management team?
If you were a character in a science fiction novel set in a future where AI runs strategic management, how would you ensure these AI systems maintain ethical practices?
Listen to Matej Drašček, Chief Audit Executive at LON Bank in Slovenia, for this take on the topic.
If auditors had to come up with ground-breaking ideas, what would be the first project they should launch?
If auditors were to present at a TED Talk, what paradigm-shifting ideas should they share?
Listen to David Dufek, Chief Internal Auditor at Principal Financial Group, answer these and many more questions about audit innovation. Oh, and learn why he would give a below bronze medal to ESG auditing. I fully agree with him on that one.
If you had all the resources, how would you build an audit department from the ground up?
Listen in to this engaging debate between Trent Russell, Host of the Audit Podcast, and David Hill, CEO of SWAP Internal Audit Services.
Special episode with my Director, Kara Falco.
Listen in to learn about what traits she looks for in an internal auditor, how she would approach auditing if there were no auditing standards, and lessons learned from her career progression at Casey's.
Summary of the IIA International Conference in Amsterdam from the perspective of 11 audit thought leaders.
Internal Audit world competition?
What is gamified training all about and why should you care?
Listen to this episode with Dominik Foerschler, Managing Director at the Audit Research Center, to find out.
Imagine you have access to a time machine that allows you to go back in time to any specific event. How would you use data analytics to uncover hidden patterns from that event?
How will internal audit evolve with continuous monitoring?
What innovative approach can you share to handle large datasets?
Listen in to Mauricio Imenez, Director of Data Analytics at Grupo Bimbo, for his insights!
Is SOX ruining Internal Audit?
Listen in to this engaging debate between Tim Leech, Managing Director at Risk Oversight Solutions, and Norman Marks, renowned audit leader and author of the Management's Guide to SOX.
Check Norman's YouTube channel here: https://tinyurl.com/29rfnckv
And blog here: https://tinyurl.com/5fw2ptee
Check Tim's article here: https://tinyurl.com/sv5bjvnh
If your audit department could have one Artificial Intelligence 'superpower', what would it be?
What are some bias risks that you see with AI?
If we were to fast-forward to 2030, what do you think an 'AI auditor' role might look like?
Listen in to what Alan Maran, CAE at Chewy, had to say about the topic. I hope you enjoy it!
What should be internal audit's primary concern when auditing a cloud solution? How can auditors keep up? What tools are available to assist with cloud audits? Listen in to find out what Galaxia Martin, Cybersecurity and Cloud Expert, had to say about it. Hope you enjoy it!
In this episode, Dr. Sabine Charles, Chief Audit Executive at Touro University, and Chris Patrick, Chief Audit Executive at Sunlight Financial, discuss lessons from the Board. Listen in to find out what they had to say!
What is unconscious bias? What are some common examples of unconscious in the Internal Audit profession? What are some creative ways that we can address them?
Listen to Fabio Pimpao, Internal Audit Director for Whirlpool Latin America and IIA Brazil Board member, for great insights on the topic.
Have you watched the movie Moneyball? It covers the use of sabermetrics in baseball, but what is sabermetrics? How is this such a powerful data analytics decision-making tool? And when should we trust our intuition more than data analytics? Listen in to the episode with Bill James, the man behind sabermetrics, for more insights.Disclosure: I do not agree with Bill's position that people cannot learn to have a more data-analytic mindset, but I will let the audience decide on that.
What are some myths about deception? What are good deception detection techniques? How can auditors build more trust?In this episode, Dr. David Matsumoto, a renowned expert in the field of microexpressions, gestures, nonverbal behavior, culture, and emotion, answered all these questions. I hope you enjoy it!
In practice, the theory is different. Or only all practice contains all theory.There is a lot of theory about the Agile approach, but have you heard of anyone putting it into practice? David Coifman has.Listen in to learn how the framework helped his team prioritize and execute their work, improved their ability to identify root causes, and communication and collaboration with stakeholders. Hope you enjoy it!
Did you know that only 35% of listed companies in Japan have an Audit Committee? Most CAEs report to a supervisory board, which consists of zero directors.Mari Yonezawa didn't like that. So she changed the reporting structure within her organization. Listen to this episode for more board dynamics and changes from Mari's perspective.
What is social engineering?
How is it affecting businesses nowadays?
What is the most effective way to prevent it?
These were some of the questions Chris Hadnagy, Social Engineering expert discussed in the latest episode of the AUDIT 15 FUN podcast.
Why should you care about KRIs?
If you had to implement them, how would you go about doing that?
Thoughtful panel discussion on the topic, featuring Linh Truong, Marco Nutini, and Robert Berry.
Who says we need a formal report to communicate our audit results?
A thought-provoking debate between Andy Kovacs, Norman Marks, and Sara I. James.
What caused the Silicon Valley Bank failure?
The Chief Risk Officer left in April 2022, what was that all about?
How can we prevent similar failures in the future, if at all?
John Maxfield from Maxfield On Banks answered these questions during the episode. He also wrote a thought-provoking article on the topic calling SVB's original sin hubris and greed. Do you agree?
Link to the article: https://maxfieldonbanks.substack.com/p/the-original-sin-of-silicon-valley
Do we need Internal Audit where we are not wanted?
A profound and philosophical discussion, but at times a semantic discord, between Marcel Scholte and Sabrina Segal.
Who do you agree with?
Do you have a strategic communication plan for your audit department? If not, that is a great tool to empower your staff.
What else can you do to empower your staff? What if you are afraid that they will fail?
Some of the best auditors I've ever worked with were over 50 years old.
Why companies don't tap into those resources? What are some of the misconceptions about older workers?
Listen in to find out!
Have you ever conducted a survey as part of your audit process?
You may be doing it all wrong.
Jami Shine, Corporate and IT Audit Manager, learned that in a recent project.
Listen to this episode to hear the story, and the valuable lessons she shared with the community.
What is the smoothie challenge? What are some practical ways that you can use it as an internal auditor? If Internal Audit was an ingredient in a smoothie, what ingredient would it be? Listen in to Ursula Schmidt, former Executive VP of Internal Audit at RTL, to find out. I hope you enjoy it!
Dan Swanson's work is behind some of the best books available to Internal Auditors. How did he get involved in that business? What are some of the emerging risks and topics he sees from being in that position? What are some book proposals he would like to see?
Listen in to find out!
Are you the next internal audit book author?
Have you heard of The Care Principles? What are they, and how can they help your organization and Internal Audit department? Isabel Verstraete, brand strategist, and author of the Does Your Brand Care? book answered these questions.
Plus, there was one bonus question from Dr. Rainer Lenz. Listen in to find out what it was!
Lastly subscribe to The Care Principles YouTube channel here: https://www.youtube.com/@TheCarePrinciples
Should we audit certain processes in real-time? Keamogetse Noe argued that certain processes, such as tendering, must be audited in real-time to prevent fraud.
Charles Schrock argued that a real-time review could be more of a quality assurance function, and we should instead strive to be strategic advisors.
What is your opinion?
Are you innovating in your Internal Audit department? Billy O’Connor, VP of Internal Audit, is - what is he doing? What is scenario-based testing? What is design thinking? Listen in to find out!
Oh, you may also hear about the innovation community he is putting together and the best way to learn more about it. I hope you enjoy!
Should you start your career in audit doing financial or operational audits? Which one will take you further?
June Jiang argued that starting off with financial auditing can help you in the long run, while Tom Weston argued that operational audit is the way to go.
What is your opinion?
Edwin Dorsey exposed care.com by creating a fake Harvey Weinstein account.
In this episode, he shared his favorite ways of finding dubious companies, some of the financial information he looks for to expose a company, and some techniques employed to find wrongdoing.
I hope you enjoy it!
Bear Cave newsletter: https://thebearcave.substack.com/
Are annual audit plans useless?
It's a hot topic, so it is AUDIT DUEL debate-worthy!
Have you heard of the 3 + 9 or 6 + 6 audit plan approach? That was an idea Abbas Al Lawati, Head of Internal Audit at OQ8, brought up during the duel.
Jasim Khawaja, Portfolio Head of Internal Audit at United Arab Bank, argued risk profiles are different between organizations and industries, so audit plans have to adapt.
What are your thoughts?
Is the one-page audit report a myth or reality?
Why do auditors struggle to explain the root cause of issues in their audit reports?
Why is Tracie doing a 60-days to shorter audit reports webinar?
Register for the webinar here: https://tinyurl.com/43shrr9
Audit recommendations are useless.
That was Robert Berry's proposition. They waste time and negatively affect relationships with clients.
Qadir Abdul's position was that they are not useless. Recommendations are part of the dynamic of change.
What do you think?
Do you have to present information in your non-native language?Have you noticed how the tone of your voice sounds different in your native language vs. other languages?You are not alone.Many cultures, unfortunately, still associate accents and "different" tones with the speaker's education and even intelligence.What can you do to sound more confident? Listen to voice expert Nic Redman to find out!Nic's website: https://nicolaredman.com/
Last December I wrote this article with my friend Alex Ruehle on how to pitch Internal Audit to Elon Musk: https://tinyurl.com/ub5dcfjn
We received several responses from the Internal Audit community and selected four (LinkedIn poll limit) to participate in a MASKED PITCH competition.
What is a MASKED PITCH competition? Well, have you heard of the MASKED SINGER competition? It's similar, but we anonymize the Internal Audit pitch to Elon Musk.
What is your favorite pitch?
LinkedIn link: https://tinyurl.com/28vfa8zt
LinkedIn IIA group link: https://tinyurl.com/ym83z75t
Are auditors responsible for finding fraud?
That was the debate between Alaba Awolaja, Chief Managing Consulting at GOARISC and Oversight, and Emmanuel Johannes, CEO at Kepler Associates.
The audit profession has had recent developments in this space lately:
Last December, three audit and risk officers at Wells Fargo faced potential multi-million dollar fines for their role in the fake account scandal
Last month, the UK parliament proposed a bill making "failure to prevent fraud" a criminal offense
As one would expect, this is a hot topic, so...it was a passionate debate!
Both agreed that auditors are not proficient in detecting fraud. What are your thoughts?
Annual Audit Plans are useless. Risks evolve and we need to revamp the plan as needed.
How should you respond to your Audit Committee if they still ask for an annual audit plan?
Will performing a continuous risk assessment really take more time than once a year?
What if you don't hear back from the business when you want their input more often?
These were the questions answered by Michele Variale, Chief Audit and Risk Officer at Telepass in Italy. I hope you enjoy the episode!
What is better than an AUDIT DUEL?
An AUDIT TRUEL!
What an instant classic with David Hill, Renato Trisciuzzi, and Tracie Marquardt, as they debated better ways to communicate audit results.
What is your strategic communication plan? Can we just use a dynamic dashboard instead of audit reports? Why do we need the audit reports in the first place? Why can’t we let go of these ‘audit traditions’?
These were some of the many topics discussed during the debate. I hope you enjoy it!
Is artificial intelligence overhyped?
In this AUDIT DUEL, Alex Ruehle, CEO of zapliance, and Darren Roberts, Technology and Digital Director at SWAP Internal Audit Services, debate the issue.
Alex says that we can't leave AI to the data geeks and IT auditors, and must embrace the technology so that we are not left behind, while Darren questions what the "A" in AI really stands for, augmented or artificial? And also asks, is ChatGPT just an advanced API?
What is your take on the topic?
A large retailer in Brazil recently had a $4 billion "accounting inconsistency."
What happened?
Was it fraud or an accounting error?
If it was a fraud, should the auditors be responsible for it?
These were the questions answered by Marcelo Almeida, host of the Voice of Integrity podcast.
Marcelo's website: https://compliancebsb.com.br/
Feedback episode. How can you engage with the podcast? There are four ways:
1) Take part as a guest, in short 15 minute-interviews (most of the time).
2) Take part in the AUDIT DUEL segment. Do you have a controversial, non-conformist idea to debate and share with the Internal Audit community? I want to hear from you.
3) Take part in the AUDIT FAIL segment. Do you have a failure experience you can share with the community? Let me know!
4) Provide feedback on topics, future guests, and general comments on what I can do better. Complete the form here: https://tinyurl.com/28bmbv8r
Why do auditors get blamed so much for fraud and is that fair?
What is the best free fraud detection tool?
What are some other resources auditors should use?
These were some questions answered by Haddon Fields. He is the Special Investigations Trainer with The PsyFIN Group which focuses on training investigators, auditors and other investigative personnel in innovative means of investigation, fraud, digital privacy, OSINT, and investigative leadership. He can be found online at: www.psyfingroup.com.
Listeners of AuditFun 15 can get 15% of any PsyFIN Group course by using coupon code: AuditFun15.
Why do auditors need to do a better job of marketing themselves?
If you had 20 seconds to pitch Internal Audit to Elon Musk, what would your pitch be?
If you were asked to create a short internal audit slogan, what would it be?
These were the questions answered by Charles Schrock, publisher of the Audit Explainer website, and retired CAE.
Follow him for some of the most fantastical internal audit stories. Like how Leonardo da Vinci became famous because of an internal auditor, and how an auditor was instrumental in testing and naming the Pontiac GTO. Fantasy? We call it marketing.
theauditexplainer.wordpress.com
The second episode of 2023, and the second episode of the AUDIT FAIL series.
Auditors are taught not to trust. Trust but verify, right? But how about your co-worker? Should you fully trust that person? In this episode, Abbas Al Lawait, Head of Audit at OQ8 in Oman, discusses the risks of 'blind trust'.
Don't trust me? Listen in to find out.
The first episode of 2023, and the first episode of the AUDIT FAIL series. Perhaps as important as setting goals for 2023 is to reflect on lessons from the past. Reflection builds resilience and wisdom. Robert shared some of the lessons he learned from a high-conflict situation where an audit client he worked with left a note on his desk. What did the note say? What was Robert's reaction? Listen in to find out!
Join the Auditor Exchange at community.thatauditguy.com
Do CPEs lead to new skills?
If a doctor or a teacher does not keep up with current practices and knowledge, they get instant 'customer' feedback, but does the same happen with internal auditors? That was one of the many questions raised during the duel by Nicola.
Jamie proposed that with the right experts, content, and platform, CPEs add value.
What do you think?
In this episode, I spoke with David Hill, CEO of SWAP Internal Audit Services, about non-financial audits. David explained why auditors should care more about non-financial audits, some skills required for non-financial auditors, and what audit leaders can do to better equip their teams.
What transferable skills can a firefighter, pub landlord, or archaeologist bring to the internal audit profession? Listen in to find out!
I hope you enjoy it.
Should auditors provide an opinion on engagements or is there a risk to it? How about ratings? Do they help or hurt?
In this AUDIT DUEL, Richard Chambers, former CEO and President of the IIA, and Norman Marks, former Chief Audit Executive, debate the issue.
Richard thinks that "internal auditors must exercise caution whenever assigning opinions" and that "audit leaders must be as diplomatic and conscientious as possible when assigning ratings."
Norman thinks that "professionals are entitled to an opinion" and he "hate[s] ratings".
What is your opinion on the topic?
In this episode, I interviewed Adefisayo Adefarakan, CEO and Managing Partner of Pharakan & Associates to talk about Quality Assessment Reviews (QARs).
Adefisayo covered why Internal Auditors should care about QARs, other than because it’s an IIA requirement, and also discussed some of our blind spots and quick-wins he has learned in performing QARs.
I hope you enjoy it!
His website: https://www.pharakanassociates.com/
In this episode, I spoke with Vuyo Gwayi about common Internal Audit misconceptions. Vuyo also shared how she would explain Internal Audit to a group of 4-year-olds, and how she would respond if the CFO of a company asked her to "hire more external auditors to your internal audit team."
Listen in to find out what she had to say!
In this episode, I spoke with Tina D’Souza, Internal Audit Manager at RBC. Tina shared resume and career-building tips for internal auditors.
It is all about being proactive and taking ownership of your career. As Tina mentioned, be relentless and find your allies.
As an African proverb says: “If you want to go fast, go alone, if you want to go far, go together.”
In this episode, I spoke with Amanda “Jo” Erven about Total Quality Auditing. Jo discussed how one of internal audit’s goals should be to do fewer audits.
Identifying errors after the fact? Too late.
She also had excellent points on how internal auditors can do work that really adds value and eliminates waste. Listen in to find out more!
Her website: https://www.auditconsultingeducation.com/
Total Quality Auditing book: https://www.auditconsultingeducation.com/product/tqa-book/
In this episode, I spoke with Emmanuel Johannes, Chairman of the Board of the African Federation of Institutes of Internal Auditors, and CEO of Kepler Associates. Emmanuel shared lessons learned when he was not in audit regarding practical findings and a 'moment of truth' in his career. Lastly, Emmanuel defined an effective finding in one word. Listen in to find out what it was! I hope you enjoy it.
Kepler's website: https://kepler.co.tz/
In this episode, I spoke with Toby DeRoche, author of the book Only Audit What Matters. Toby shared how internal auditors can start BEING agile vs. only doing agile and also shared the most important step in the Agile Blueprint transformation. Can you guess what it was? Take a listen to find out. I hope you enjoy it.
Are auditors truly independent and objective?
Yes? No? Depends?
In this AUDIT DUEL, Dr. Rainer Lenz, current CAE of SAF Holland, and Doug Anderson, former CAE of the Dow Chemical Co., debate the issue.
Dr. Rainer thinks that “we should de-emphasize the dimensions of independence and objectivity in our professional standards," and Doug believes that “if we lessen independence and objectivity, then we lose any distinctiveness of internal audit.”
So, are auditors truly independent and objective? Listen in to make your own conclusion.
In this episode, I spoke with Barrie Enslin, Managing Director at Pro Optima Services. Barrie shared his Start with Intuition Method (SWIM), and In & Out Audit approach. Auditors MUST look beyond the paper. Over 40% of his projects have paid for themselves, matter of fact these projects have paid for the remaining 60%! How does he do it? Listen in to find out. I hope you enjoy it!
In this episode, I spoke with Joseph McCafferty, business journalist, editor, and publisher of the Internal Audit 360 website. Joe explained how he got involved in creating a learning/networking platform for the internal audit community, despite never working in the profession. He also shared some insights from internal auditors around the globe, and articles he would like to see submitted. Are you the next author he is looking for? Listen in for his tips on how to get your articles published. I hope you enjoy it!
A big thank you to Joe for his behind-the-scenes work for the internal audit community!
In this episode, I spoke with Jan Babiak, Board Member and Audit Committee Chairperson of several large multinational organizations. Jan discussed common qualities that GREAT Internal Audit departments have. I also asked Jan a couple of expert-to-expert questions from Tom McLeod, former CAE of Rio Tinto. Profound questions, such as under what circumstances should the Chair seek the resignation of the CAE? Listen in to find out what Jan had to say! I hope you enjoy the episode.
In this episode, I spoke with Doug Hubbard, from Hubbard Decision Research, and discussed the Applied Information Economics (AIE) decision-making method. Doug discussed the concept of “analysis placebo” and some biases people have when making decisions, such as partition dependence and the illusion of communication. He also discussed some surprising variables that are more important than people give credit to when making decisions. Listen in to find out what he had to say! I hope you enjoy it!
Hubbard Decision Research website: https://hubbardresearch.com/
In this episode, I spoke with Hossam ElShaffei, a Member of the Board of Trustees of the Internal Audit Foundation at The Institute of Internal Auditors. Hossam has extensive experience in performing complex audits, and investigations, from the United Nations to FIFA. He has done it all. During the conversation, Hossam had many stories to share with all auditors about NOT SETTLING in their careers! Looking for the dream job? You may have to create it yourself. That’s what Hossam did. I hope you enjoy the episode!
Do not live down to people's low expectations of you.
That’s Mike’s message.
October is National Disability Employment Awareness Month. To bring awareness to the profession I interviewed Mike Royal.
Mike is a former Director of Information Technology Audit, with more than 25 years of experience. He is blind, but as he well puts it, that is a small part of who he is. Listen in to the interview to hear Mike’s story, learn about not only his audit career, but how he became a water ski World Record holder, traveled the world, all the while not limiting himself.
In this episode, I interviewed Rob Sand, Iowa State Auditor and former prosecutor of the largest lottery scam in the history of the U.S.
Rob walked us through the case's most challenging part and detailed how they connected the scam to previous lottery winnings in at least six other states in the U.S. How? He explains that as part of the episode. Lastly, Rob had a message for all auditors out there. Listen in to check out what he had to say! I hope you enjoy it.
NYT article: https://www.nytimes.com/interactive/2018/05/03/magazine/money-issue-iowa-lottery-fraud-mystery.html
Rob Sand's book on the case: https://www.amazon.com/Winning-Ticket-Uncovering-Americas-Biggest/dp/1640123717
Have you ever been through the experience of being acquired by another company? Did your Internal Audit department make it into one piece after the acquisition? Karl Stingily has. In fact, Karl not only kept his job as Chief Audit Executive at Caesars Entertainment but also his department was one of the least affected by the acquisition. How is that for the organization appreciating Internal Audit’s value? Listen to this episode for more tips on Transitioning and Thriving in your career.
In this episode, I talked to Diarmuid Early, aka Dim, aka the LeBron of Excel. Dim is the Financial Modeling World Cup reigning champion and previously won a cool $30,000 in an Excel competition. From being able to help you win your Fantasy Football League competition to pricing cat insurance, he can do it all. Listen in for more Excel tips! I hope you enjoy it!
In this episode, I spoke with Dr. Sabine Charles, Chief Internal Auditor at Touro University and Chief Executive Officer at the TAPA Institute. Dr. Sabine shared some insights into one of the main challenges Audit Leaders face today and revealed her two favorite books on leadership - you’ll be surprised by at least one of them :)
Dr. Sabine also shared what she would cover in a How to Become a CAE book (and she is actually working on that) and lastly talked about the upcoming Level Up Audit Summit on September 14-15th. I hope you enjoy it!
Level Up Summit info: https://www.tapainstitute.com/level-up-internal-audit-summit
Carrot Seed book: https://www.amazon.com/Carrot-Seed-Rise-Shine/dp/0064432106
In this episode, I spoke with Marco Nutini, author of Risk is Not a Number and former CRO at Embraer. Marco explained why risk is not a number and how non-conformities are a COMPLIANCE attribute, not a RISK attribute. Marco also shared some ideas on pricing risks that Internal Auditors can question within their organization. Lastly, he shared a tragic case of Risk Management failure, in which company executives tried to defend themselves by saying that the risk within their risk matrix was 'yellow,' not 'red.' Listen in to find out what company that was. I hope you enjoy the episode!
In this episode, I spoke with Cy Wakeman, NY Times bestseller author, and drama researcher, to talk about how Ego is Not Your Amigo. Cy had some insightful comments on how Internal Auditors can best handle EGO-driven discussions (be a thought partner, up the support but don’t lower the standard!). We also discussed low vs. high accountability individuals and what leaders can do to best attract high-accountability talent. Lastly, Cy had some notes on why leaders should stop complaining (it leads to more negative thinking, not problem-solving!). I hope you enjoy it!
A podcast episode about...podcasts! What better guest to have than Trent Russell, host of the Audit Podcast. Trent shared with us why he started his podcast (perfect timing!), some of his most memorable podcast moments, and an inspiring story from one of his guests that keeps him going. I hope you enjoy the episode!
In this episode, I discussed Root Cause Analysis (RCA) with Duke Okes, RCA expert and author of Root Cause Analysis: The Core of Problem Solving and Corrective Action. We discussed some of his favorite RCA methods and how to know when you arrived at the root cause of an issue (the lowest level within your control!). I hope you enjoy the episode.
In this episode, Frank Holloman walked us through his journey at FedEx, from starting as a Cargo Handler to now being an Internal Audit Director. Frank provided great insight into how Internal Auditors can look for personal development opportunities, such as taking initiative, being accountable, and working out loud. Want to know what working out loud is all about? Listen in to find out! I hope you enjoy the episode.
In this episode, I spoke with Bruce McCuaig, former CAE of Gulf Oil Canada and proponent of performance as the new assurance. Bruce discussed how automating audit practices would allow auditors to get nowhere but at the speed of light, and had some insight into how our profession can better measure performance. I hope you enjoy it!
In this episode, I interviewed Marta Cadavid, CEO of NoFraud LATAM LLC, and talked about her Fraud Explorer software. Through natural language processing, machine learning, and artificial intelligence, The Fraud Explorer is used to predict, prevent, and detect dishonest behaviors such as fraud, abuse, waste, and corruption, with key differential factors that help to identify risks in human communications. Listen in to find out what Marta has identified so far! I hope you enjoy it.
Marta's website: https://www.nofraud.la/en/home/
In this episode, I interviewed Pav Gill, widely recognized as the internal whistleblower who helped expose fraud at the German fintech Wirecard. Pav is the 2022 Sentinel Award Recipient from the Association of Certified Fraud Examiners, and he had a message to all auditors out there: Don't ostrich yourself! I hope you enjoy the episode.
In this episode, I spoke with Robert Berry aka That Audit Guy. Robert shared some insights on what Internal Audit leaders can do to reduce burnout within their groups, and also what Internal Auditors themselves can do to reduce burnout. At the beginning of the episode he listed five things that lead to burnout, can you guess what they were? Listen in to find out!
Here is the link to his website: www.thatauditguy.com/
Additional resource: https://community.thatauditguy.com/
In this episode, I spoke with Alaba Awolaja about FOUNDATIONAL Internal Audit skills and knowledge. Alaba is a big proponent of the #back2basics theme, reinforcing the need for Internal Auditors to know our processes well before we evaluate other processes. We must have a systematic and disciplined approach to arrive at a conclusion. I hope you enjoy it!
In this episode, Lynn Fountain and I discussed Ethics, the concept of Legal Fraud, how to determine what's ethical versus not ethical, and common ethical dilemmas Chief Audit Executives face. Lynn shared one tough decision she had to make. Did she regret it? Listen in to find out!
Link to her book on Ethical Dilemmas: https://tinyurl.com/mtcuz8rm
In this episode, I interviewed Tom McLeod and discussed the How, the Who, and the Where of the future of Internal Audit. Tom had some thought-provoking ideas on the topic and on how organizations can use GLOBAL talent to suit their needs (why restrict yourself to local talent?). He also had some points regarding how demographic trends (particularly in India and China) will play a role in our profession. Listen in to check out to whom Tom thinks the future belongs!
In this episode, I interviewed Alex Ruehle, CEO of zapliance, a human-centric, data-based, context-driven company, providing data analytic solutions to its clients. Alex told me about his journey of learning Internal Audit from scratch, not being fully appreciated where he used to work, and ultimately opening his own Audit company. Zapliance currently has 14 employees. Some of his tips include:
Get your family on board.
Be surrounded by people who believe in you.
Connect, connect, connect with other people. That's where your opportunities will come from.
Start with passion, and don't forget GRIT!
In this episode, I interviewed Oscar Trimboli and talked about Deep Listening. We discussed the science behind listening and some tips on mastering this skill. We also discussed listening for the 'how' versus the 'what', and taking notes (friend and foe). Lastly, he had some tips on listening to what is not being said! Oscar had a powerful story at the end of our interview on how Internal Auditors can communicate their recommendations to Executive Leadership.
Link to his website: https://www.oscartrimboli.com/podcasts/
In this episode, I interviewed Alex Sidorenko and talked about how he would audit a Risk Management function. We also discussed the superiority of quantitative versus qualitative methods and how some risks are not worth attempting to quantify. Lastly, we discussed how reputational risks DO NOT exist. Do you know of a qualitative risk method better than a quantitative one? Alex wants to hear about it!
In this episode, I interviewed Tim Leech, Managing Director at Risk Oversight Solutions. Tim talked about how Internal Audit needs to move away from legacy methods and apply an Objective-Centric approach. He also discussed why we need to move away from critical parent-child relationships when interacting with audit clients. I hope you enjoy the episode!
In this episode, I interviewed Nick Espinosa, a cyber security expert from Security Fanatics. Nick shared some basic training non-IT auditors can take to be more proficient in the area. He also discussed some of the most and least effective controls companies can implement. Don't buy a Ferrari if you are going to have a chimpanzee drive it! I hope you enjoy the episode.
In this AUDIT 15 FUN episode, I had the chance to interview Chris Patrick, Head of Internal Audit at Figure Technologies, and discuss the report rating process. Should we rate audit reports? Listen in to what he had to say. Hint: The report rating process is much, much more about relationships than assigning a rating.
Here is the link to his article on the topic: https://www.auditboard.com/blog/should-you-rate-audit-reports/
In this AUDIT 15 FUN episode, I had the chance to interview Liz Sandwith and talk about Assurance Mapping.
Does Assurance Mapping sound like a hard task to accomplish? It shouldn’t be…Liz had a powerful message on why we need to KEEP IT SIMPLE!
Listen to the episode for more insights from one of the greatest in our profession.
Auditors you FAILED…
EY auditors that is. In the Wirecard case. Dan McCrum is an investigative journalist who was involved in the Wirecard case, one of the largest fraud cases in recent history. In this AUDIT 15 FUN episode, I discussed some of the parallels between Investigative Journalism and Internal Audit with Dan. He had some tips on how to become trusted with your sources and insights into why EY utterly failed by signing off Wirecard financial statements for about 10 years. He nailed it on the reason why…listen in to find out what he had to say!
His new book ‘Money Men: A Hot Startup, A Billion Dollar Fraud, A Fight for the Truth’ will be published in the UK on June 16 and sometime in the fall in the U.S.
In this episode, I had the chance to interview Nicola Osinaike and talk about Data Analytics. Are Internal Auditors lazy when it comes to Data Analytics? Do they just need to ask better questions instead of learning fancy tools? Listen in to check out what she had to say! Check out some of her content: https://www.linkedin.com/company/audit-data-hub/ https://auditopia.com/monthly-free-unlocked/
In this episode, I had the chance to interview Andy Fastow and talk about the concept of Legal Fraud. Andy shared his perspective from his time at Enron, and red flags Internal Auditors can use today to identify problems at a company. I hope you enjoy it!
In this episode, I had to chance to interview Sara I. James and talk about the often painful Reporting process that many Internal Auditors go through. Sara had some great tips on making it less painful, how to address never-ending wordsmithing, and provided insights into the different skill sets needed to write and edit reports. Sara also shared her favorite report format. Listen in to check out what it was!
Sara's website: https://saraijames.com/
Order her book here: https://www.routledge.com/Radical-Reporting-Writing-Better-Audit-Risk-Compliance-and-Information/James/p/book/9781032106045
In this episode, I had the chance to interview Dominik Foerschler and talk about #gamifiedtraining. We discussed this new smart learning methodology and the benefits that Internal Auditors from all levels can have by participating in Regional, National, and International competitions! Gamified training covers several topics, ranging from risk assessment know-how, operational audit techniques, and report writing, among others. The championship will soon be happening in the US. For more information you can visit the following pages:
www.audit-championship.com
www.youtube.arc-institute.com
www.linkedin.com/showcase/audit-championship
In this episode, I had the chance to interview Dr. Murdock and talk about #operationalauditing. We discussed some current concerns regarding supply chain and inflation, what can auditors do around those areas, and also some great tips on process mapping. Don't drop the baton fellow Internal Auditors!
In this episode, I had the chance to interview Jason Mefford and talk about #training #education, and #certifications in the Internal Audit profession. Do you think you need the CIA certification to be a successful Internal Auditor? Listen in to check what Jason had to say about that. I hope you enjoy it! Reach out to Jason on LinkedIn: https://www.linkedin.com/in/jasonmefford/on his website: https://jasonmefford.comor through cRisk Academy: http://bit.ly/criskacademy
You can also watch his videos on YouTube at: https://www.youtube.com/c/jasonleemefford and listen to his podcast Jamming with Jason at: https://jasonmefford.com/jammingwithjason/
In this episode, I had the chance to interview Dr. Rainer Lenz and talk about the #future of #internalaudit. Dr. Rainer co-authored an article on the topic with Kim K. Jeppesen (link below) where they brought up many current topics to light, and evaluated how new trends will affect the future of the profession. Do you want to be a type 3 auditor? Listen in for Dr. Rainer’s advice. I hope you enjoy it!
https://www.tandfonline.com/doi/full/10.1080/07366981.2022.2036314#:~:text=THE%20FUTURE%20OF%20INTERNAL%20AUDITING%3A%20GARDENER%20OF%20GOVERNANCE,-Full%20Article&text=On%20the%20micro%20level%2C%20in,internal%20auditing%20as%20a%20profession
In this episode, I had the chance to interview Ann Butera and talk about key communication skills needed from internal auditors to avoid pushback during a project. We also discussed how internal auditors can increase their executive presence or gravitas and make the changes we propose sustainable. I hope you enjoy it!
In this episode, I had the chance to interview Nathan Mueller and talk about his $8.5M fraud at an insurance company. Nathan shared his thoughts on specific control weaknesses that led to his fraud and what Internal Auditors can do better to detect fraud. I hope you enjoy it!
In this episode, I had the chance to interview Ian Stokol and talk about the Customer Experience (CX) process from an Internal Audit perspective. Ian shared what he believes is the most important thing for Internal Auditors to do when auditing the CX process. Listen in to check out what it was. I hope you enjoy it!
In this episode, I had the chance to interview Hal Garyn and talk about the positive and negative effects of remote work on the Internal Audit profession. Hal shared his biggest fear with this “new normal.” Listen in to check out what it was, as always, priceless insights from Hal. I hope you enjoy it!
In this episode, I had the chance to interview Philipp Wilhelm and talk about agility and adaptability in the Internal Audit profession. We spoke about the Adaptability Quotient (AQ) and how it is as important as your IQ and EQ. We also talked about NeuroTracker, a cognitive training system used by many of the top sports teams globally, and how Internal Auditors can use the tool. I hope you enjoy it!
In this episode, I had the chance to interview Doug Anderson and talk about what Board members and significant stakeholders expect from the Chief Audit Executive. We also discussed what CAEs can do if they don't think Board members are well equipped to ask Executives challenging questions and how Internal Audit departments must audit their company's culture. I hope you enjoy it!
What better day to talk about Retail Fraud than the day after Cyber Monday? In this episode, I had the opportunity to speak with Tony Sales, a reformed Fraudster, author of "The Big Con: How I stole £30 million and got away with it." Tony was featured in a Vice documentary and is considered one of Britain's most successful career criminals. I hope you enjoy it!
In this episode, I had the chance to interview Norman Marks and talk about Auditing That Matters. Some of the ideas discussed include having audit projects last 200 hours or less and focusing more on value creation than rearview mirror auditing. I hope you enjoy it!
In this episode, Shawna Flanders, Director of Product Development, with The Institute of Internal Auditors gives us an overview of the Agile Methodology as it applies to Internal Audit. She also provides some insights into areas where Agile may work best and areas in which the methodology may not be as useful, hope you enjoy!
In the first Audit 15 Fun episode, we discussed the Art of Being a Trusted Advisor with none other than Richard Chambers, former IIA CEO and President. Hope you all enjoy it!