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 Caseys.
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 m...
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? List...
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 cybersecurity breach. 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 Draek, Chief Audit Executive at LON Bank in Slovenia, for th...
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.
