The Audit Podcast

Ep 206: Lessons Learning in Building an IA Team w/ Kim Ford (Ingersoll Rand)


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This week’s episode,  we're joined by Kim Ford, Vice President of Internal Audit at Ingersoll Rand.

In this episode, Kim shares her approach to building a strong internal audit function, including a program that trains auditors before moving them into the finance department, enhancing both controls and financial insight. She also discusses the evolving expectations of the audit committee, offering insights from a recent meeting, and explores how data and automation can boost audit efficiency, providing practical takeaways for listeners.

 

Be sure to connect with Kim on LinkedIn.

 

Also, be sure to follow us on our new social media accounts on LinkedInInstagram, 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:

6:56 - Building Internal Audit Functions

9:31 - People, Processes and Technology

10:35 - Kim's Training Method

15:04 - What the Audit Committee wants from a CAE

17:23 - Best Ways to Measure Success

23:19 - RPA Use Cases

25:12 - The Personal Side of DA

28:12- The BTS of the Audit Committee Quarterly Updates

32:18- Taking Analytics to the Next Level

33:29 - Final Thoughts

 

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The Audit PodcastBy Trent Russell

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