The Audit Podcast

This week’s episode, we're joined by Norman Marks, author, thought leader, blogger, teacher, and occasional consultant.   In this episode, Norman shares what he sees as the top priority for Chief Audit Executives and gives practical tips on handling budget challenges, especially as audit teams face higher demands without matching resources. Be sure to connect with Norman on LinkedIn.   Also, be sure to follow us on our new social media accounts on LinkedIn, Instagram, 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: 4:47 - What's in your Internet Browsing History? 11:45 — Key responsibilities for CAEs 20:25 — Approaches to adding value 27:42 — Strategies for justifying budget for internal audit 36:00 — Achieving audit objectives 44:20 - Ways to Improve Your Thinking   *   This podcast is brought to you by Greenskies Analytics, the services firm that helps auditors leap-frog up the analytics maturity model. Their approach for launching audit analytics programs with a series of proven quick-win analytics will guarantee the results worthy of the analytics hype.  Whether your audit team needs a data strategy, methodology, governance, literacy, or anything else related to audit and analytics, schedule time with Greenskies Analytics.

This week’s episode, we're joined by Richard Chambers, Senior Advisor over Risk and Audit at AuditBoard. In this episode, Richard explores the concept of connected risk, explaining what it means in today’s environment and why it’s become increasingly important. He also highlights key takeaways from his latest book, Connected Risk: Conquering the Perilous Risk Exposure Gap. Be sure to connect with Richard on LinkedIn. Also, be sure to follow us on our new social media accounts on LinkedIn, Instagram, 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: 2:50 - What's in your Internet Browsing History? 5:38 - Understanding Connected Risk in the Three Lines Model 9:02 - Responses to Connected Risk 12:00 - Key Traits of Connected Risk Thinkers 13:27 - The Future of Risk Management 15:53 - Preparing for Downstream Impacts 19:05 - Embracing Connected Risk Strategies 22:55 - Final Thoughts * This podcast is brought to you by Greenskies Analytics, the services firm that helps auditors leap-frog up the analytics maturity model. Their approach for launching audit analytics programs with a series of proven quick-win analytics will guarantee the results worthy of the analytics hype.  Whether your audit team needs a data strategy, methodology, governance, literacy, or anything else related to audit and analytics, schedule time with Greenskies Analytics.

This week’s episode, we're joined by joined by Stephanie Richard, Chief Audit Executive at Ally. In this episode, Stephanie shares how she transformed the culture and mindset of her internal audit team of over 150 auditors. She talks about the challenges of driving innovation in a large team, staying ahead of emerging trends, and guiding her department to become more data and AI driven. She also offers advice for current and aspiring CAEs on improving efficiency and impact. Be sure to connect with Stephanie on LinkedIn.   Also, be sure to follow us on our new social media accounts on LinkedIn, Instagram, 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: 2:50 - What's in your Internet Browsing History? 5:55 - Shifting Internal Audit Mindsets 13:35 - Transforming a Large Audit Department 19:20 - Anticipating Risks as an Auditor 23:20 - Guidance for Aspiring CAEs 24:40 - Embracing Disruption in Audit 26:35 - Building Habits to Change Mindsets29:35 - Final Thoughts   *   This podcast is brought to you by Greenskies Analytics, the services firm that helps auditors leap-frog up the analytics maturity model. Their approach for launching audit analytics programs with a series of proven quick-win analytics will guarantee the results worthy of the analytics hype.  Whether your audit team needs a data strategy, methodology, governance, literacy, or anything else related to audit and analytics, schedule time with Greenskies Analytics.

This week’s episode, we're joined by Aaron Gagnon, Partner and Chief Audit Officer at McKinsey & Company. In this episode, Aaron shares his personal mantra, "show up and try," and explains how this mindset influences his work and life. He highlights his unique approach to hiring, focusing on both experience and key qualities that set candidates apart. Aaron also discusses the challenges of managing relationships across the C-suite, audit committees, and management staff, offering practical insights for handling these dynamics.  Be sure to connect with Aaron on LinkedIn.   Also, be sure to follow us on our new social media accounts on LinkedIn, Instagram, 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: 3:38 - What's in your Internet Browsing History? 8:40 - Aaron’s motto: "Show Up and Try." 16:15 - Aaron's Hiring Mindset 25:15 - Fraud Story 26:09 - The Challenge of Regulators as a CAE 29:14 - Building Relationships with Trust 32:44 - Building your Philosophy as a Leader 36:02 - Final Thoughts   *   This podcast is brought to you by Greenskies Analytics, the services firm that helps auditors leap-frog up the analytics maturity model. Their approach for launching audit analytics programs with a series of proven quick-win analytics will guarantee the results worthy of the analytics hype.  Whether your audit team needs a data strategy, methodology, governance, literacy, or anything else related to audit and analytics, schedule time with Greenskies Analytics.