This week, Richard Chambers, former president and CEO of the IIA and Senior Internal Audit Advisor at AuditBoard, joins the show.

In this episode, Richard shares the integration of strategic planning into the latest IIA Standards. He provides valuable insights on crafting a strategic plan, the importance of a strategic vision, and techniques for implementing tactical accountability.

Be sure to connect with Richard 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:

3:05 - ChatGPT

6:33 - Strategy Being Integrated into the New Standards

9:31 - Developing Strategies for Internal Audit

11:30 - Blueprint for Developing a Strategic Plan

15:37 - The Purpose of a Strategic Vision

19:05 - Tactical Accountability

21:36 - Internal Auditors in the Era of Permacrisis

24:00 - Critical Success Factors vs. KPIs

25:34 - Advice for Internal Auditors on Creating Strategies

27:55 - Final Thoughts

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This podcast is brought to you by Greenskies Analytics, the services firm that helps auditors leap-frog up the analytics maturity model. Their approach for launching audit analytics programs with a series of proven quick-win analytics will guarantee the results worthy of the analytics hype.

Whether your audit team needs a data strategy, methodology, governance, literacy, or anything else related to audit and analytics, schedule time with Greenskies Analytics.

This week, our guest Scott Madenburg, Founder and President of ARC∙Hybrid, joins the show.

In this episode, he shares his tips for getting a seat at the table, discusses his ideas for improving recruitment and retention, and outlines his approach to building an audit department from scratch.

Be sure to connect with Scott 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:

2:35 - ChatGPT

9:10 - How to Get a Seat at the Table

17:16 - Recruiting Talent vs. Character

24:52 - The Repercussions of Cost Cutting

31:43 - How to Build an Internal Audit Department from Scratch

39:50 - Final Thoughts

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This podcast is brought to you by Greenskies Analytics, the services firm that helps auditors leap-frog up the analytics maturity model. Their approach for launching audit analytics programs with a series of proven quick-win analytics will guarantee the results worthy of the analytics hype.

Whether your audit team needs a data strategy, methodology, governance, literacy, or anything else related to audit and analytics, schedule time with Greenskies Analytics.

This week, our guest is Malcom, Former Senior Vice President and Managing Director for Internal Audit Digital Transformation and Data Analytics at Northern Trust. Dave recounts his mid-40s retirement journey and his subsequent decision to return with the desire to help internal auditors in his organization.

In this episode, he reveals his approach to establishing an internal audit department, discusses the expected duties of the audit committee, and underscores the credibility boost through the strategic use of data analytics to identify outliers.

Be sure to connect with Dave 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:

5:28 - Coming Out of Retirement

9:10 - The Impact of Generative AI

10:28 - The Importance of Investing in Data Analytics

13:58 - Data Literacy

16:21 - How to Make your Audit Department Better

19:23 - What to Expect from the Audit Committee

27:27 - How to Achieve Quantitative Risk Assessments

31:00 - Final Thoughts

*

This podcast is brought to you by Greenskies Analytics, the services firm that helps auditors leap-frog up the analytics maturity model. Their approach for launching audit analytics programs with a series of proven quick-win analytics will guarantee the results worthy of the analytics hype.

Whether your audit team needs a data strategy, methodology, governance, literacy, or anything else related to audit and analytics, schedule time with Greenskies Analytics.