Ep 265: Stepping into the CAE Role w/ Mike McDonald (BorgWarner)

This week on The Audit Podcast, our guest is Mike McDonald, Chief Audit Executive at BorgWarner.

This episode is a little different—it's a replay from one of our sessions at the Audit Analytics and AI Conference, sponsored by Supervisor. Mike has been in the CAE role at BorgWarner for about a year, and he walks us through what that first year has really looked like.

We get into what he expected going into the role, what surprised him, and the biggest lessons he learned in his first hundred days.

Be sure to connect with Mike on LinkedIn.

Also, be sure to follow us on our 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.

Timecodes:

2:14 — What It's Like Stepping into the CAE Role

8:19 — Understanding Internal Audit's Mission

9:31 — How CAEs Allocate Resources

11:09 — A CAE's Perspective on KPIs

13:52 — Using Full-Population Testing Effectively

16:16 — How to Implement Supervision

17:26 — Building In-House Solutions vs. Using External Tools

20:31 — Identifying What Truly Matters with Population Testing

22:32 — The Skill Sets CAEs Want

24:30 — How Internal Audit Teams Are Using AI

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