Trust Is the Currency: How Internal Audit Proves Its Value in Fast-Moving Organizations

Feb 24, 2026

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The Institute of Internal Auditors Presents: All Things Internal Audit

In this episode, Scott Madenburg and Sanjay Vadlamani talk trust; and why it's the defining currency of internal audit. From hyper-growth environments to large, mature organizations, they discuss how audit teams can build credibility, and deliver value without slowing the business down. Through real-world use cases; including AI-assisted code reviews, ERP implementations, and building an internal audit function from scratch, they share practical examples of how trust enables earlier insights, stronger controls, and a true seat at the table.

HOST:
- Scott Madenburg, CIA, CISA, CRMA Founder and President, ARC Hybrid Corporation

GUEST:
- Sanjay Vadlamani, CIA, CISA, CISM, CRISC Senior Manager, Internal Controls, PayJoy

KEY POINTS:

Defining Trust in Internal Audit [00:01:27 – 00:03:17]
Holistic Risk and Connected Controls [00:03:55 – 00:07:01]
Bridging the Gap Between Audit and Leadership [00:07:15 – 00:10:18]
Small vs. Large Organization Trust Challenges [00:11:45 – 00:13:56]
High-Growth Tension: Will Audit Slow Us Down? [00:14:14 – 00:16:51]
AI-Assisted Code and "Slow Down to Speed Up" [00:17:01 – 00:18:53]
Building Trust from Scratch in a Developing Organization [00:19:09 – 00:23:19]
Early Insight Through ERP Implementation [00:23:49 – 00:26:02]
Rolling Up Sleeves: Creating SOPs and Process Improvements [00:26:25 – 00:28:35]
Where Audit Can Undermine Trust [00:29:28 – 00:33:16]
Audit Committee Alignment and Expectation Management [00:33:16 – 00:36:44]
The Next 6–12 Months: AI Literacy and Critical Thinking [00:37:00 – 00:40:52]

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