AUDIT 15 FUN

Do CPEs lead to new skills?

If a doctor or a teacher does not keep up with current practices and knowledge, they get instant 'customer' feedback, but does the same happen with internal auditors? That was one of the many questions raised during the duel by Nicola.

Jamie proposed that with the right experts, content, and platform, CPEs add value.

What do you think?

In this episode, I spoke with David Hill, CEO of SWAP Internal Audit Services, about non-financial audits. David explained why auditors should care more about non-financial audits, some skills required for non-financial auditors, and what audit leaders can do to better equip their teams.

What transferable skills can a firefighter, pub landlord, or archaeologist bring to the internal audit profession? Listen in to find out!

I hope you enjoy it.

Should auditors provide an opinion on engagements or is there a risk to it? How about ratings? Do they help or hurt?

In this AUDIT DUEL, Richard Chambers, former CEO and President of the IIA, and Norman Marks, former Chief Audit Executive, debate the issue.

Richard thinks that "internal auditors must exercise caution whenever assigning opinions" and that "audit leaders must be as diplomatic and conscientious as possible when assigning ratings."

Norman thinks that "professionals are entitled to an opinion" and he "hate[s] ratings".

What is your opinion on the topic?

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.