All Things Internal Audit

Communicating with the Board: Turning Audit Insights into Impact

Mar 24, 2026
Fábio Pimpão, Director of Internal Audit at Whirlpool and IIA Global Board member with 20+ years in international auditing. He discusses simplifying complex risks into financial, reputational and strategic terms. He shows how storytelling and practice sharpen board presentations. He covers using AI to clarify messaging and tips for building trusted relationships across the organization.
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ADVICE

Simplify Risks And State The Risk Response

  • Simplify complex risks by categorizing them as financial, compliance, reputational, or strategic to make board conversations efficient.
  • State whether the risk will be accepted, mitigated, transferred, or eliminated and give a clear prioritized action in minutes.
ADVICE

Use AI To Translate Technical Messages

  • Use internal AI tools to rephrase technical findings into plain language, e.g., ask the model to explain it to a fifth grader.
  • Test drafts with junior staff to ensure nonexperts understand before presenting to the board.
INSIGHT

Internal Audit As Enterprise Risk Facilitator

  • Internal audit can elevate board focus by facilitating enterprise risk management and sharing top risks regularly.
  • Present top 10–15 risks with methodology and KPIs so the board sees priorities and residual risk trends each quarter.
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