The Audit Podcast - podcast cover

The Audit Podcast

Trent Russelltheauditpodcast.com
On the show you can expect to hear from everyone: from the intern, to the IT audit director, CAE and audit committee members because all of their opinions are important. We’ll talk about integrating tech into audit, how to get quick wins, the latest SOX guidance and whatever other topics the guests want to talk about and whatever you want to hear about. Be sure to subscribe to the show in whatever you’re listening to it on now and we’ll talk to you soon.
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Episodes

Ep 219: SOX Mastery and Continuous Improvement w/ Tom O’Reilly (Internal Audit Collective)

This week’s episode, we're joined by Tom O’Reilly, Founder of Internal Audit Collective . In this episode, Tom talks about what he would change in the audit profession, the importance of bringing in outside perspectives, working with consultants during audits, and helping auditors grow their careers. Be sure to connect with Tom on LinkedIn. Also, be sure to follow us on our new social media accounts on LinkedIn , Instagram , and TikTok . Also be sure to sign up for The Audit Podcast newsletter a...

Dec 03, 202441 min

Ep 218: Staffing Approaches and Marketing Internal Audit w/ Michael Pellet (Lyft)

This week’s episode, we're joined by Michael Pellet, Director of Internal Audit at Lyft . In this episode, Michael explores strategies for hiring and retaining top talent, highlighting his innovative staffing model. He emphasizes the importance of all auditors being proficient in data, even if they aren’t experts in AI, and underscores the critical role of data governance in today's audit landscape. Michael also shares how marketing automation techniques can be adapted to enhance internal audit ...

Nov 26, 202452 min

Ep 217: What You Need to Know about AI Responsible w/ Julio Tirado (SpiritBank)

This week’s episode, we're joined by Julio Tirado, Executive Vice President-Director of Internal Audit & Compliance at SpiritBank . In this episode, we focus on responsible AI and effective strategies for managing new technologies. Julio shares insights on integrating AI in the workplace, understanding AI hallucinations, and exploring emerging AI trends. He also recommends some great AI resources. Be sure to connect with Julio on LinkedIn. Also, be sure to follow us on our new social media a...

Nov 19, 202447 min

Ep 216: Finding Your Path in Internal Audit w/ Marie Walsh (Spotify)

This week’s episode, we're joined by Marie Walsh, Spotify’s Head of Internal Audit and Risk. In this episode, Marie shares her passion for guiding team members in their career paths, both within and beyond internal audit. She discusses her empowering strategies, including thoughtful one-on-one sessions that support individual growth, as well as her priorities for adding real value to Spotify’s leadership. Be sure to connect with Marie on LinkedIn. Also, be sure to follow us on our new social med...

Nov 13, 202431 min

Ep 215: Strategies to Secure More Resources for Internal Audit w/ Norman Marks

This week’s episode, we're joined by Norman Marks, author, thought leader, blogger, teacher, and occasional consultant. In this episode, Norman shares what he sees as the top priority for Chief Audit Executives and gives practical tips on handling budget challenges, especially as audit teams face higher demands without matching resources. Be sure to connect with Norman on LinkedIn. Also, be sure to follow us on our new social media accounts on LinkedIn , Instagram , and TikTok . Also be sure to ...

Nov 05, 202450 min

Ep 214: Connected Risk w/ Richard Chambers

This week’s episode, we're joined by Richard Chambers, Senior Advisor over Risk and Audit at AuditBoard . In this episode, Richard explores the concept of connected risk, explaining what it means in today’s environment and why it’s become increasingly important. He also highlights key takeaways from his latest book, Connected Risk: Conquering the Perilous Risk Exposure Gap . Be sure to connect with Richard on LinkedIn. Also, be sure to follow us on our new social media accounts on LinkedIn , Ins...

Oct 29, 202425 min

Ep 213: Transforming Audit in 2024 w/ Stephanie Richard (Ally)

This week’s episode, we're joined by joined by Stephanie Richard, Chief Audit Executive at Ally . In this episode, Stephanie shares how she transformed the culture and mindset of her internal audit team of over 150 auditors. She talks about the challenges of driving innovation in a large team, staying ahead of emerging trends, and guiding her department to become more data and AI driven. She also offers advice for current and aspiring CAEs on improving efficiency and impact. Be sure to connect w...

Oct 22, 202432 min

Ep 212: Managing Relationships as a CAE w/ Aaron Gagnon (McKinsey & Company)

This week’s episode, we're joined by Aaron Gagnon, Partner and Chief Audit Officer at McKinsey & Company. In this episode, Aaron shares his personal mantra, "show up and try," and explains how this mindset influences his work and life. He highlights his unique approach to hiring, focusing on both experience and key qualities that set candidates apart. Aaron also discusses the challenges of managing relationships across the C-suite, audit committees, and management staff, offering practical i...

Oct 15, 202439 min

Ep 211: The Best Advice for Hiring and Retention

This week’s episode, we are highlighting clips from previous episodes of the best advice about hiring and retention. In this episode, Scott Madenburg talks about the balance between recruiting for talent versus character, while Melissa Pici highlights the importance of screening candidates for passion, curiosity, and drive. Jo Erven shares her approach to preparing the next generation to tackle hiring and retention challenges, and Megan Blackstone outlines her company’s process for building a ta...

Oct 08, 202424 min

Ep 210: Terrible Audit Recommendations w/ Jennie Wallace (Melody Advisory Services)

This week’s episode, we're joined by Jennie Wallace, CEO and Founder of Melody Advisory Services . Jennie brings a wealth of experience, having worked across the first, second, and third lines of defense in audit and risk management. In this episode, Jennie shares how management views audit from her experience on both sides of being an audit and helping with risk management. She highlights the importance of understanding and empathizing with management to strengthen auditor-client relationships....

Oct 01, 202451 min

Ep 209: Standup Comedian and Auditor on Humor in the Workplace w/ Mike Lynn

This week’s episode, we're joined by Mike Lynn, owner of ARG*O and Adjunct Professor at St. John's University. Recognized by the IIA as the "Funniest Accountant in America," Mike brings a unique perspective to the podcast. In this episode, Mike talks about the power of humor in business, including how he incorporates it into serious audit situations. He recounts his stand-up comedy background and discusses how improv skills can be invaluable in boardrooms. Mike even shares a memorable story of h...

Sep 24, 202452 min

Ep 208: Favorite Fraud Stories and Protecting Vulnerable Customers w/ Mark Houston (Audient Group)

This week’s episode, we're joined by Mark Houston, a Partner at Audient Group . He is a seasoned expert in Fraud Risk Management and Data & Analytics Strategy. In this episode, we explore the world of fraud detection as Mark shares his top two favorite fraud cases. We also cover current fraud trends in both organizations and personal life, introduce elder fraud protection, and highlight the use of data in audits. Be sure to connect with Mark on LinkedIn. Also, be sure to follow us on our new...

Sep 17, 202454 min

Ep 207: Tax Analytics Use Cases w/ Michelle Velez (ITT Inc)

This week’s episode, we're joined by Michelle Velez, Vice President of Internal Audit at ITT Inc. Michelle offers a unique perspective, having transitioned from a tax background into internal audit. In this episode, Michelle covers how to audit tax processes effectively, why tax strategies matter, and the role of analytics in making audits more efficient. Michelle also shares lessons from her first year as CAE and practical tips for improving audit processes. Be sure to connect with Michelle on ...

Sep 10, 202433 min

Quick Announcement

Secure your spot at the 2024 Audit Analytics and AI Conference today! Also, be sure to follow us on our new social media accounts on LinkedIn , Instagram , and TikTok . Also be sure to sign up for The Audit Podcast newsletter and to check the full video interview on The Audit Podcast YouTube channel . * This podcast is brought to you by Greenskies Analytics , the services firm that helps auditors leap-frog up the analytics maturity model. Their approach for launching audit analytics programs wit...

Aug 27, 20248 min

Ep 206: Lessons Learning in Building an IA Team w/ Kim Ford (Ingersoll Rand)

Secure your spot at the 2024 Audit Analytics and AI Conference today! This week’s episode, we're joined by Kim Ford, Vice President of Internal Audit at Ingersoll Rand . In this episode, Kim shares her approach to building a strong internal audit function, including a program that trains auditors before moving them into the finance department, enhancing both controls and financial insight. She also discusses the evolving expectations of the audit committee, offering insights from a recent meetin...

Aug 20, 202436 min

Ep 205: Reducing SOX Hours w/ Yasemin Agatan (Clarivate)

Secure your spot at the 2024 Audit Analytics and AI Conference today! This week’s episode, we're joined by Yasemin Agatan, Vice President and Chief Audit Executive at Clarivate . In this episode, Yasemin shares her unique journey and insights as a top executive in one of the world’s most data-driven companies. She also discusses how she successfully shifted her department's focus from predominantly SOX work to a balanced mix of SOX and operational audits. Yasemin offers valuable insights into pr...

Aug 13, 202439 min

Ep 204: Your CFOs Top Priority w/ Ben Phillips (PetSmart)

Secure your spot at the 2024 Audit Analytics and AI Conference today! This week’s episode, we're joined by Ben Phillips, Chief Audit Executive at PetSmart . In this episode, Ben shares his unique insights into the value that internal audit resources can bring to an organization, particularly in driving effective change. He also discusses his involvement with the CFO Leadership Council, highlighting the top concerns and priorities of CFOs today. Be sure to connect with Ben on LinkedIn. Also, be s...

Aug 06, 202423 min

Ep 203: How to Implement the New IIA Standards w/ Derry Herring

Secure your spot at the 2024 Audit Analytics and AI Conference today! This week’s episode, we're joined by Derry Herring, Senior Vice President and Chief Audit Officer of Protective Life Corporation . In this episode, Derry discusses implementing new IIA Standards this year, highlighting challenges and lessons learned to ensure a smooth transition. He shares practical advice on avoiding pitfalls, strategies for expanding his audit team from 4 to 26 members, and useful Excel methods to streamline...

Jul 30, 202431 min

Ep 202: How to Deliver Audit Findings w/ Justin and Jared Silberlust

Secure your spot at the 2024 Audit Analytics and AI Conference today! This week’s episode, we welcome back Justin Silberlust, Associate Director of Internal Audit at Oppenheimer & Co , and his brother, Dr. Jared Silberlust, an internal medicine physician. In this episode, Jared and Justin examine the "SPIKES" methodology. Originally developed for physicians to deliver bad news in a more positive light, this technique has found valuable applications in the auditing world, especially when comm...

Jul 23, 202437 min

Ep 201: What's Going on at the IIA w/ Anthony Pugliese (The IIA)

This week we're joined by Anthony Pugliese, President and CEO at The Institute of Internal Auditors Inc . In this episode, Anthony discusses his plans for the IIA, including the Vision 2035 Initiative, which is set to shape the future of the internal audit profession. He shares insights on the project's goals, the rationale behind new topical requirements, and their implications for cybersecurity and beyond. Be sure to connect with Anthony on LinkedIn. Also, be sure to follow us on our new socia...

Jul 16, 202435 min

Ep 200: GenAI and Analytics Use Cases w/ Badal Patel (Meta)

This week, Badal Patel, Head of Data Analytics at Meta , joins the show. In this episode, Badal discusses how Meta is leveraging API capabilities, incorporating Llama within its Internal Audit Department, utilizing AI tools in the audit process, and the advantages of training AI models from a specific date. Be sure to connect with Badal on LinkedIn. Also, be sure to follow us on our new social media accounts on LinkedIn , Instagram , and TikTok . Also be sure to sign up for The Audit Podcast new...

Jul 09, 202433 min

Ep 199: How to Become a Board Member w/ Katy Rich (Williams)

This week, Katy Rich, the Chief Audit Executive at Williams , joins the show. In this episode, Katy shares her experience on how to become a board member. Katy discusses how to enhance business acumen, provide insights into the client's perspective on audit reports, and evaluate the effectiveness of technology in an audit department. Be sure to connect with Katy on LinkedIn. Also, be sure to follow us on our new social media accounts on LinkedIn , Instagram , and TikTok . Also be sure to sign up...

Jul 02, 202439 min

Ep 198: How Data Literacy Makes for a Better Auditor w/ Joe Earl (Sutter Health)

This week, Joe Earl, Director of Internal Audit at Sutter Health , joins the show. In this episode, Joe discusses the significance of data literacy and its impact on professionals in the audit field. He provides insights on how to develop data literacy, how it can enhance understanding of the audit business, and shares resources for those eager to learn about data literacy. Be sure to connect with Joe on LinkedIn. Also, be sure to follow us on our new social media accounts on LinkedIn , Instagra...

Jun 25, 202437 min

Ep 197: Crushing the Audit Kickoff w/ Justin and Jared Silberlust (Oppenheimer & Co)

This week, we're excited to welcome Justin Silberlust, Associate Director of Internal Audit at Oppenheimer & Co , and his brother, Dr. Jared Silberlust, an internal medicine physician, to the show. In this episode, Justin and Jared share their insights on motivational interviewing from an audit perspective. They discuss developing audit plans with empathetic intent, how to roll with resistance, and ways to support self-efficacy. Be sure to connect with Justin and Jared on LinkedIn. Also, be ...

Jun 18, 202436 min

Ep 196: Best of the How-To's: Practical Takeaways from Experts - Part 2

This week’s episode, The Audit Podcast does a special 'Best of the How-To's' edition. This episode features multiple experts who explain the "how" behind their insights. From thought leadership to actionable steps, we've compiled practical advice you can implement right away. Be sure to connect with Be sure to connect with us on LinkedIn . Also, be sure to follow us on our new social media accounts on LinkedIn , Instagram , and TikTok . Also be sure to sign up for The Audit Podcast newsletter an...

Jun 11, 202414 min

Ep 195: Best of the How-To's: Actionable Advice from Experts - Part 1

Ep 195: Best of the How-To's: Actionable Advice from Experts - Part 1 This week’s episode, The Audit Podcast does a special 'Best of the How-To's' edition. This episode features multiple experts who explain the "how" behind their insights. From thought leadership to actionable steps, we've compiled practical advice you can implement right away. Be sure to connect with Be sure to connect with us on LinkedIn . Also, be sure to follow us on our new social media accounts on LinkedIn , Instagram , an...

Jun 04, 202418 min

Ep 194: Your CISOs Number One Concern w/ Chelsea Smith (CAJ Cyber Consulting LLC)

This week, Chelsea Smith, Chief Executive Officer & Information Security Consultant at CAJ Cyber Consulting LLC , joins the show. In this episode, Chelsea shares her insights on Governance, Risk, and Compliance (GRC), emphasizing information security and business process analysis. She offers tips on enhancing information security, improving communication between Internal Audit teams and SICOs, and explores use cases involving cyber analytics. Be sure to connect with Chelsea on LinkedIn. Also...

May 28, 202434 min

Ep 193: How to Build a Strategy for Internal Audit w/ Richard Chambers

This week, Richard Chambers, former president and CEO of the IIA and Senior Advisor, Risk and Audit at AuditBoard , joins the show. In this episode, Richard shares the integration of strategic planning into the latest IIA Standards. He provides valuable insights on crafting a strategic plan, the importance of a strategic vision, and techniques for implementing tactical accountability. Be sure to connect with Richard on LinkedIn. Also, be sure to follow us on our new social media accounts on Link...

May 21, 202429 min

Ep 192: How to Engage Stakeholders w/ Scott Madenburg (ARC∙Hybrid)

This week, our guest Scott Madenburg, Founder and President of ARC∙Hybrid , joins the show. In this episode, he shares his tips for getting a seat at the table, discusses his ideas for improving recruitment and retention, and outlines his approach to building an audit department from scratch. Be sure to connect with Scott on LinkedIn. Also, be sure to follow us on our new social media accounts on LinkedIn , Instagram , and TikTok . Also be sure to sign up for The Audit Podcast newsletter and to ...

May 14, 202445 min

Ep 191: Modern Day Audit Leadership w/ Dave Malcom

This week, our guest is Malcom, Former Senior Vice President and Managing Director for Internal Audit Digital Transformation and Data Analytics at Northern Trust . Dave recounts his mid-40s retirement journey and his subsequent decision to return with the desire to help internal auditors in his organization. In this episode, he reveals his approach to establishing an internal audit department, discusses the expected duties of the audit committee, and underscores the credibility boost through the...

May 07, 202433 min
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