All Things Internal Audit

The new Pulse of Internal Audit for North America was released recently and The IIA's Harold Silverman shares the findings that internal audit leaders have reacted to most profoundly. At the recent GAM Conference, many learning sessions featured practical tips on using data to work more efficiently and intelligently. Nicole Huie of The Internal Audit Foundation speaks with GAM presenters Pat Ferrell and Ben Getz of RLI Corporation on Using Data to Perform Corporate Risk Assessments. A critical part of successfully integrating technology and innovation into internal audit is having the right metrics. Jaimie Yang of Raytheon discusses Defining Metrics That Matter with Sarah Kuhn of Phillips Petroleum. BONUS Member Content IIA members gain exclusive access to an extended version with bonus content including: Using Data to Perform Corporate Risk Assessments: Pat Ferrell and Ben Getz of RLI Corporation describe how to use initial risk vs. cumulative risk when building the audit plan. Defining Metrics that Matter: Sarah Kuhn of Phillips Petroleum shares a five-step process that will set up internal audit to truly measure performance. Visit: www.theiia.org for more information

The recent release of a public comment draft of the new Global Internal Audit Standards™ reflects significant input from internal audit leaders and their stakeholders. Now it's time for practitioners and other interested parties around the world to weigh in. IIA President and CEO Anthony Pugliese chats about this important opportunity for public input as the profession's governing documents evolve. Do stakeholders seem disinterested or even push back on your audit department's reports? Author Margie Bastolla offers solutions from her soon-to-be-released book, Clarity, Impact, Speed: Delivering Audit Reports That Matter. The move to hybrid or remote work environments requires leaders to adapt how they work with others, and how they deliver feedback also must evolve. Jeannette Buttler, MBA, CPA, CISSP, CISA has some tips to share on successfully leading and having difficult conversations with hybrid or remote teams. BONUS Member Content IIA members gain exclusive access to an extended version with bonus content including: Writing Reports: Four specific steps you can use to help your team deliver clear and impactful reports. Managing Remote Teams: Three areas for managers to focus on when preparing to have a direct or difficult conversation.

Fraud impacts every organization, and deterring it takes teamwork. Chrysti Ziegler, CFE, CIA and CRMA, and David Dominguez, CIA, CFE, CISA, CRMA, share their views on the importance of partnership between internal auditors and fraud examiners. As automated digital tools become more prevalent, internal auditors need to have greater control and insight on their impact. In this episode, Chris Denver and Ma'Kayla Tillman of Crowe, share practical approaches for auditing robotic process automation (RPA). In The Big Idea, we expose the "thought processes" of Artificial Intelligence to encounter "Explainable AI." Also, Durran Dunn, an award-winning accounting/finance professional and elite sprint athlete known as "The Freeze," shares his winning coaching strategies and techniques for the innovators and leaders of tomorrow. BONUS Member Content IIA members gain exclusive access to an extended version with bonus content including: Integrity and Leadership: Durran Dunn shares the essential nature of integrity and leadership. Robotics Process Administration: Chris Denver and Ma'Kayla Tillman share four takeaways regarding auditing RPA. To learn more about membership, visit: https://www.theiia.org/en/membership/

In the first episode of 2023, and fourth in the flagship video/audio podcast series, we pick up where we left off last year with internal auditors' predictions on the biggest issue for the profession this year. If you need a reminder, environmental, social, and governance (ESG) dominated practitioner's predictions for the biggest issue in 2023. That's why this episode is appropriately titled, "ESG in 2023: Evolving from Compliance to Value Creation." As governments around the globe continue to issue or consider new ESG regulations, internal audit must create new priorities that align with a holistic and responsible world view. This reality is reflected in survey data from Deloitte's "Sustainability Action Report," which found that stakeholders want more than just a "check-the-box" compliance exercise when it comes to ESG. Luckily, we have industry leaders chiming in with clear direction that is anything but "check please." Yvette Connor, Strategic Risk Services Leader at Grant Thornton, LLP, outlines some important considerations when choosing an ESG framework. Sibasis Panda, Director of Internal Audit at Canadian Imperial Bank of Commerce, discusses the evolution from basic ESG compliance to value creation. Plus, Diedre Melton reveals her "Creative Ways to Grow Your Team's Skillsets," even when resources are limited. BONUS Member Content IIA members gain exclusive access to an extended version with bonus content. ESG Framework: Yvette Connor presents ESG framework "do's" and "don'ts" for all internal auditors to know and avoid. Talent Management: Diedre Melton shares four key takeaways to upskill your team and "win" in talent management. ESG Strategy: Sibasis Panda recommends steps for supporting the chosen ESG strategy. Visit: www.theiia.org for more information

Pamela Stroebel Powers, Director of Professional Guidance for Public Sector, leads a dynamic team including Saarangi Balasingam, Director of Audit Operations for Canada, Zina Merritt, Chief Diversity Management Officer at the U.S. GAO, and Madison Rorschach, City Auditor in Denton. They discuss the increasing importance of equity in public sector audits and how systemic disparities can be addressed. The podcast also delves into lessons from the pandemic's supply chain disruptions, emphasizing collaboration and risk management strategies to create resilient systems.

In episode 002, "Data Demystified: Analytics and Governance in the Spotlight," of The IIA's All Things Internal Audit podcast, viewers will learn how to find fascinating facts in the data. This timely episode features tips on how to implement data analytics in a small audit shop; examines reasons why we all need to increase recognition of climate change; and explores why it's essential to evolve beyond data compliance to solid data governance. Join a diverse group of IT thought leaders, including a Certified Internal Auditor (CIA), a Certified Public Accountant (CPA), KPMG analysts, and insurance experts. Additional member-only content is available on The IIA website. Watch or listen and subscribe. This is the non-member version of the video podcast. IIA Members GET BONUS Content Including: Getting Started With Data Analytics • Adam Russell, Senior IT Auditor, CIA, shares guidelines for incorporating data analytics in the planning and reporting phase of audit engagements. Data Compliance and Beyond • Clarissa Lucas, CIA, IT Audit Director, and Pat Shanahan, Associate Vice President, IT Audit, provide strategies for internal auditors to drive home the value of independent assurance over data governance with stakeholders. Visit: www.theiia.org for more information

In this podcast, industry leaders in cybersecurity, Michael A. Echols and Stacey Schabel, discuss the importance of building a resilient culture and implementing automation and AI in real-time assurance. They also cover topics such as internal audit's role in mitigating cyber risk, early involvement in audits, and the challenges faced in implementing a different type of audit strategy.