Ep 225: How to Carry Out a Clear and Effective Risk Assessment w/ David Dufek (Principal Financial Group)

This week’s episode, we're joined by David Dufek, Chief Internal Auditor at Principal Financial Group.

 

In this episode, David explains how to carry out a clear and effective risk assessment, making it easier to identify and prioritize potential risks. He also talks about the importance of aligning your audit work with the organization's main goals, so your efforts deliver real value. Finally, David outlines simple steps to create a focused and practical audit plan that fits your team’s needs and resources.

 

Be sure to connect with David 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 check the full video interview on The Audit Podcast YouTube channel.

 

Timecodes:

3:00 - Exploring Notebook LM

8:40 - Emojis in Professional Emails

11:21 - Crafting a Comprehensive Risk Assessment

14:00 - Defining Strategic Objectives That Work

18:36 - Mastering the Scope of Your Audit Plan

24:08 - Demonstrating Value with FTE Metrics

30:40 - David's Internal Audit Wish List

33:35 - Final Thoughts

 

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