AUDIT 15 FUN

Imagine you have access to a time machine that allows you to go back in time to any specific event. How would you use data analytics to uncover hidden patterns from that event? How will internal audit evolve with continuous monitoring? What innovative approach can you share to handle large datasets? Listen in to Mauricio Imenez, Director of Data Analytics at Grupo Bimbo, for his insights!

Is SOX ruining Internal Audit? Listen in to this engaging debate between Tim Leech, Managing Director at Risk Oversight Solutions, and Norman Marks, renowned audit leader and author of the Management's Guide to SOX. Check Norman's YouTube channel here: https://tinyurl.com/29rfnckv And blog here: https://tinyurl.com/5fw2ptee Check Tim's article here: https://tinyurl.com/sv5bjvnh

If your audit department could have one Artificial Intelligence 'superpower', what would it be? What are some bias risks that you see with AI? If we were to fast-forward to 2030, what do you think an 'AI auditor' role might look like? Listen in to what Alan Maran, CAE at Chewy, had to say about the topic. I hope you enjoy it!

What should be internal audit's primary concern when auditing a cloud solution? How can auditors keep up? What tools are available to assist with cloud audits? Listen in to find out what Galaxia Martin, Cybersecurity and Cloud Expert, had to say about it. Hope you enjoy it!

In this episode, Dr. Sabine Charles, Chief Audit Executive at Touro University, and Chris Patrick, Chief Audit Executive at Sunlight Financial, discuss lessons from the Board. Listen in to find out what they had to say!

What is unconscious bias? What are some common examples of unconscious in the Internal Audit profession? What are some creative ways that we can address them? Listen to Fabio Pimpao, Internal Audit Director for Whirlpool Latin America and IIA Brazil Board member, for great insights on the topic.

Have you watched the movie Moneyball? It covers the use of sabermetrics in baseball, but what is sabermetrics? How is this such a powerful data analytics decision-making tool? And when should we trust our intuition more than data analytics? Listen in to the episode with Bill James, the man behind sabermetrics, for more insights. Disclosure: I do not agree with Bill's position that people cannot le...

What are some myths about deception? What are good deception detection techniques? How can auditors build more trust? In this episode, Dr. David Matsumoto, a renowned expert in the field of microexpressions, gestures, nonverbal behavior, culture, and emotion, answered all these questions. I hope you enjoy it!

In practice, the theory is different. Or only all practice contains all theory. There is a lot of theory about the Agile approach, but have you heard of anyone putting it into practice? David Coifman has. Listen in to learn how the framework helped his team prioritize and execute their work, improved their ability to identify root causes, and communication and collaboration with stakeholders. Hope...

Did you know that only 35% of listed companies in Japan have an Audit Committee? Most CAEs report to a supervisory board, which consists of zero directors. Mari Yonezawa didn't like that. So she changed the reporting structure within her organization. Listen to this episode for more board dynamics and changes from Mari's perspective.

What is social engineering? How is it affecting businesses nowadays? What is the most effective way to prevent it? These were some of the questions Chris Hadnagy, Social Engineering expert discussed in the latest episode of the AUDIT 15 FUN podcast.

Why should you care about KRIs? If you had to implement them, how would you go about doing that? Thoughtful panel discussion on the topic, featuring Linh Truong, Marco Nutini, and Robert Berry.

Who says we need a formal report to communicate our audit results? A thought-provoking debate between Andy Kovacs, Norman Marks, and Sara I. James.

What caused the Silicon Valley Bank failure? The Chief Risk Officer left in April 2022, what was that all about? How can we prevent similar failures in the future, if at all? John Maxfield from Maxfield On Banks answered these questions during the episode. He also wrote a thought-provoking article on the topic calling SVB's original sin hubris and greed. Do you agree? Link to the article: http...

Do we need Internal Audit where we are not wanted? A profound and philosophical discussion, but at times a semantic discord, between Marcel Scholte and Sabrina Segal. Who do you agree with?

Do you have a strategic communication plan for your audit department? If not, that is a great tool to empower your staff. What else can you do to empower your staff? What if you are afraid that they will fail?

Some of the best auditors I've ever worked with were over 50 years old. Why companies don't tap into those resources? What are some of the misconceptions about older workers? Listen in to find out!

Have you ever conducted a survey as part of your audit process? You may be doing it all wrong. Jami Shine, Corporate and IT Audit Manager, learned that in a recent project. Listen to this episode to hear the story, and the valuable lessons she shared with the community.

What is the smoothie challenge? What are some practical ways that you can use it as an internal auditor? If Internal Audit was an ingredient in a smoothie, what ingredient would it be? Listen in to Ursula Schmidt, former Executive VP of Internal Audit at RTL, to find out. I hope you enjoy it!

Dan Swanson's work is behind some of the best books available to Internal Auditors. How did he get involved in that business? What are some of the emerging risks and topics he sees from being in that position? What are some book proposals he would like to see? Listen in to find out! Are you the next internal audit book author?

Have you heard of The Care Principles? What are they, and how can they help your organization and Internal Audit department? Isabel Verstraete, brand strategist, and author of the Does Your Brand Care? book answered these questions. Plus, there was one bonus question from Dr. Rainer Lenz. Listen in to find out what it was! Lastly subscribe to The Care Principles YouTube channel here: https://www.y...

Should we audit certain processes in real-time? Keamogetse Noe argued that certain processes, such as tendering, must be audited in real-time to prevent fraud. Charles Schrock argued that a real-time review could be more of a quality assurance function, and we should instead strive to be strategic advisors. What is your opinion?

Are you innovating in your Internal Audit department? Billy O’Connor, VP of Internal Audit, is - what is he doing? What is scenario-based testing? What is design thinking? Listen in to find out! Oh, you may also hear about the innovation community he is putting together and the best way to learn more about it. I hope you enjoy!

Should you start your career in audit doing financial or operational audits? Which one will take you further? June Jiang argued that starting off with financial auditing can help you in the long run, while Tom Weston argued that operational audit is the way to go. What is your opinion?

Edwin Dorsey exposed care.com by creating a fake Harvey Weinstein account. In this episode, he shared his favorite ways of finding dubious companies, some of the financial information he looks for to expose a company, and some techniques employed to find wrongdoing. I hope you enjoy it! Bear Cave newsletter: https://thebearcave.substack.com/