AUDIT 15 FUN

The second episode of 2023, and the second episode of the AUDIT FAIL series. Auditors are taught not to trust. Trust but verify, right? But how about your co-worker? Should you fully trust that person? In this episode, Abbas Al Lawait, Head of Audit at OQ8 in Oman, discusses the risks of 'blind trust'. Don't trust me? Listen in to find out.

The first episode of 2023, and the first episode of the AUDIT FAIL series. Perhaps as important as setting goals for 2023 is to reflect on lessons from the past. Reflection builds resilience and wisdom. Robert shared some of the lessons he learned from a high-conflict situation where an audit client he worked with left a note on his desk. What did the note say? What was Robert's reaction? Listen in to find out! Join the Auditor Exchange at community.thatauditguy.com

Do CPEs lead to new skills? If a doctor or a teacher does not keep up with current practices and knowledge, they get instant 'customer' feedback, but does the same happen with internal auditors? That was one of the many questions raised during the duel by Nicola. Jamie proposed that with the right experts, content, and platform, CPEs add value. What do you think?

In this episode, I spoke with David Hill, CEO of SWAP Internal Audit Services, about non-financial audits. David explained why auditors should care more about non-financial audits, some skills required for non-financial auditors, and what audit leaders can do to better equip their teams. What transferable skills can a firefighter, pub landlord, or archaeologist bring to the internal audit profession? Listen in to find out! I hope you enjoy it.

Should auditors provide an opinion on engagements or is there a risk to it? How about ratings? Do they help or hurt? In this AUDIT DUEL, Richard Chambers, former CEO and President of the IIA, and Norman Marks, former Chief Audit Executive, debate the issue. Richard thinks that "internal auditors must exercise caution whenever assigning opinions" and that "audit leaders must be as diplomatic and conscientious as possible when assigning ratings." Norman thinks that "professionals are entitled to an opinion" and he "hate[s] ratings". What is your opinion on the topic?

In this episode, I interviewed Adefisayo Adefarakan, CEO and Managing Partner of Pharakan & Associates to talk about Quality Assessment Reviews (QARs). Adefisayo covered why Internal Auditors should care about QARs, other than because it’s an IIA requirement, and also discussed some of our blind spots and quick-wins he has learned in performing QARs. I hope you enjoy it! His website: https://www.pharakanassociates.com/

In this episode, I spoke with Vuyo Gwayi about common Internal Audit misconceptions. Vuyo also shared how she would explain Internal Audit to a group of 4-year-olds, and how she would respond if the CFO of a company asked her to "hire more external auditors to your internal audit team." Listen in to find out what she had to say!

In this episode, I spoke with Tina D’Souza, Internal Audit Manager at RBC. Tina shared resume and career-building tips for internal auditors. It is all about being proactive and taking ownership of your career. As Tina mentioned, be relentless and find your allies. As an African proverb says: “If you want to go fast, go alone, if you want to go far, go together.”

In this episode, I spoke with Amanda “Jo” Erven about Total Quality Auditing. Jo discussed how one of internal audit’s goals should be to do fewer audits.  Identifying errors after the fact? Too late. She also had excellent points on how internal auditors can do work that really adds value and eliminates waste. Listen in to find out more! Her website: https://www.auditconsultingeducation.com/ Total Quality Auditing book: https://www.auditconsultingeducation.com/product/tqa-book/

In this episode, I spoke with Emmanuel Johannes, Chairman of the Board of the African Federation of Institutes of Internal Auditors, and CEO of Kepler Associates. Emmanuel shared lessons learned when he was not in audit regarding practical findings and a 'moment of truth' in his career. Lastly, Emmanuel defined an effective finding in one word. Listen in to find out what it was! I hope you enjoy it. Kepler's website: https://kepler.co.tz/