AUDIT 15 FUN

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/

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.