All Things Internal Audit

All Things Internal Audit: Key Takeaways from Occupational Fraud 2024: A Report to the Nations In this episode, Mason Wilder, research director of the Association of Certified Fraud Examiners, discusses the findings and implications of the Occupational Fraud 2024: A Report to the Nations. This conversation covers: Fraud detection and reporting methods Fraud profiles Impact of the COVID-19 pandemic on fraud Importance of fraud risk management Using reports to enhance fraud prevention efforts Value of fraud awareness training This episode is available on all major podcast platforms or on our YouTube channel.

Experts in this podcast discuss how AI is revolutionizing internal audits by enhancing compliance programs, continuous risk assessment, and cybersecurity audits. They highlight real-world examples using AI tools like ChatGPT for PCI DSS compliance and dynamic risk scoring frameworks. The conversation covers AI's role in improving audit efficiency, accuracy, and cost-effectiveness, especially in scenario analysis and communication in audits.

Pamela Stroebel Powers, IIA director, discusses challenges and strategies for public sector auditors adapting to new internal audit standards. Topics include governance complexities, conformance readiness, and resources from the IIA to support auditors.

All Things Internal Audit: Fraud Podcast "The Language of Fraud" Listen to The IIA’s new Fraud Podcast brought to you by All Things Internal Audit. The Fraud Podcast provides fictionalized accounts of real-world frauds featured in Internal Auditor magazine’s Fraud department. In the latest episode, a company receives a whistleblower complaint against one of its new acquisitions, Slate. An investigation of the communications between Slate executives and a vendor reveals key words of corruption. Listen to “The Language of Fraud.” IIA members can access bonus content in the form of lessons learned by reading the full Fraud article. Available now on all major podcast platforms and our Youtube channel.  

All Things Internal Audit: Exploring IPPF Topical Requirements  In this episode, George Barham, director of Standards and Professional Guidance for Technology at The IIA, discusses the Topical Requirements component of the International Professional Practices Framework. This conversation covers:   -Purpose and importance of Topical Requirements in the IPPF -Background and development of Topical Requirements -Explanation of Topical Requirements' structure and components -Quality assessment of Topical Requirements -Focus on draft Cybersecurity Topical Requirement -Public comment period and practitioner feedback opportunity -Enhancing relevance and value of internal audit services Get the full episode wherever you get your podcasts or YouTube.

All Things Internal Audit: Generative AI Uses for Internal Audit In this episode, Grant Ostler, Industry Principal at Workiva, and Sue King, Partner and SOX Solutions Lead at KPMG, delve into the practical applications of generative AI in the workplace and its impact on internal auditors. This conversation covers: -AI compliance challenges -Preparing for AI integration -Emerging trends and technologies -Governance in AI implementation -Maximizing AI technology -Future directions of AI in audit Listen to full episodes at The IIA website and our YouTube channel.

All Things Internal Audit: The Data Dilemma   In this episode, Jim Pelletier, Senior Product Manager at Wolters Kluwer TeamMate, discusses how internal auditors can position themselves to provide assurance on all aspects of data within their organizations, particularly as new technologies and regulations will increasingly rely on data. Key to sound data governance is ensuring that data is accurate, complete, reliable, and relevant. This conversation covers:   -Critical importance of data quality in internal audit-Challenges to maintaining data quality-Internal audit's role in assessing and validating data quality -Risk assessment processes integration -Strategies for audit leaders to engage with stakeholders -Data governance issues -Artificial intelligence and ESG reporting on data quality This episode brought to listeners from The IIA and Wolters Kluwer.   Get the full episode wherever you get your podcasts or YouTube.

Mandi McReynolds, Workiva's VP of Global ESG and CSO, shares insights on navigating sustainability regulations, emphasizing collaboration among finance, risk, and ESG teams. Topics include compliance challenges, preparation for new regulations, governance, leveraging technology like AI, and the future impact of sustainability reporting requirements. Internal audit's role is also discussed.

Lexica AI CFO Jannies Burlingame discusses her upcoming presentation at the IIA's Analytics, Automation and AI Virtual Conference with Senior Manager of Content Strategy and Development Robert Pérez. The conversation covers: Understanding data bias and misinterpretation Leveraging the benefits of Explainable AI (XAI) More!

Harold Silverman, IIA Senior Director of CAE and Corporate Governance Engagement, and Warren Hersh, IIA Director of Quality Services, discuss the importance of having a strategy for quality assessments in 2024 as it relates to the new Global Internal Audit Standards. The two former chief audit executives delve into new performance requirements under the updated Standards as well as options for scheduling quality assessments under the existing Standards (2017) or the new Standards.