AUDIT 15 FUN

In this episode, I spoke with Toby DeRoche, author of the book Only Audit What Matters. Toby shared how internal auditors can start BEING agile vs. only doing agile and also shared the most important step in the Agile Blueprint transformation. Can you guess what it was? Take a listen to find out. I hope you enjoy it.

Are auditors truly independent and objective? Yes? No? Depends? In this AUDIT DUEL, Dr. Rainer Lenz, current CAE of SAF Holland, and Doug Anderson, former CAE of the Dow Chemical Co., debate the issue. Dr. Rainer thinks that “we should de-emphasize the dimensions of independence and objectivity in our professional standards," and Doug believes that “if we lessen independence and objectivity, then we lose any distinctiveness of internal audit.” So, are auditors truly independent and objective? Listen in to make your own conclusion.

In this episode, I spoke with Barrie Enslin, Managing Director at Pro Optima Services. Barrie shared his Start with Intuition Method (SWIM), and In & Out Audit approach. Auditors MUST look beyond the paper. Over 40% of his projects have paid for themselves, matter of fact these projects have paid for the remaining 60%! How does he do it? Listen in to find out. I hope you enjoy it!

In this episode, I spoke with Joseph McCafferty, business journalist, editor, and publisher of the Internal Audit 360 website. Joe explained how he got involved in creating a learning/networking platform for the internal audit community, despite never working in the profession. He also shared some insights from internal auditors around the globe, and articles he would like to see submitted. Are you the next author he is looking for? Listen in for his tips on how to get your articles published. I hope you enjoy it! A big thank you to Joe for his behind-the-scenes work for the internal audit community!

Jan Babiak, a seasoned Board Member and Audit Committee Chairperson for multiple multinational organizations, shares her insights on effective internal audit departments. She delves into essential qualities that define great auditing, emphasizing independence, competency, and the need for continuous learning. Jan also highlights the changing landscape of internal audits, particularly post-COVID-19, and stresses the importance of strong communication between auditors and board members. Her expertise sheds light on when it might be appropriate for a Chair to consider the resignation of a Chief Audit Executive.

In this episode, I spoke with Doug Hubbard, from Hubbard Decision Research, and discussed the Applied Information Economics (AIE) decision-making method. Doug discussed the concept of “analysis placebo” and some biases people have when making decisions, such as partition dependence and the illusion of communication. He also discussed some surprising variables that are more important than people give credit to when making decisions. Listen in to find out what he had to say! I hope you enjoy it! Hubbard Decision Research website: https://hubbardresearch.com/

In this episode, I spoke with Hossam ElShaffei, a Member of the Board of Trustees of the Internal Audit Foundation at The Institute of Internal Auditors. Hossam has extensive experience in performing complex audits, and investigations, from the United Nations to FIFA. He has done it all. During the conversation, Hossam had many stories to share with all auditors about NOT SETTLING in their careers! Looking for the dream job? You may have to create it yourself. That’s what Hossam did. I hope you enjoy the episode!

Do not live down to people's low expectations of you. That’s Mike’s message. October is National Disability Employment Awareness Month. To bring awareness to the profession I interviewed Mike Royal. Mike is a former Director of Information Technology Audit, with more than 25 years of experience. He is blind, but as he well puts it, that is a small part of who he is. Listen in to the interview to hear Mike’s story, learn about not only his audit career, but how he became a water ski World Record holder, traveled the world, all the while not limiting himself. #workhardplayharder #nolimits

In this episode, I interviewed Rob Sand, Iowa State Auditor and former prosecutor of the largest lottery scam in the history of the U.S. Rob walked us through the case's most challenging part and detailed how they connected the scam to previous lottery winnings in at least six other states in the U.S.  How?  He explains that as part of the episode.  Lastly, Rob had a message for all auditors out there.  Listen in to check out what he had to say!  I hope you enjoy it. NYT article: https://www.nytimes.com/interactive/2018/05/03/magazine/money-issue-iowa-lottery-fraud-mystery.html Rob Sand's book on the case: https://www.amazon.com/Winning-Ticket-Uncovering-Americas-Biggest/dp/1640123717

Have you ever been through the experience of being acquired by another company? Did your Internal Audit department make it into one piece after the acquisition? Karl Stingily has. In fact, Karl not only kept his job as Chief Audit Executive at Caesars Entertainment but also his department was one of the least affected by the acquisition. How is that for the organization appreciating Internal Audit’s value? Listen to this episode for more tips on Transitioning and Thriving in your career.