Jamming with Jason Mefford
The Future of Internal Audit and an Update to Sawyer’s Internal Auditing with Dan Clayton

The Future of Internal Audit and an Update to Sawyer’s Internal Auditing with Dan Clayton

April 16, 2019

Jason Mefford is joined by Dan Clayton, for a discussion of how internal audit is evolving and changing, driving some of the updates to Sawyer's Internal Auditing, 7th edition.

Information in the International Professional Practices Framework (IPPF), the Internal Audit textbook, and CIA Review Course materials, provide a basis for how to practice internal auditing, but Sawyer's Internal Auditing (one of the most influential books in the profession) fills in some of the gaps, and shows where internal audit is headed.

Dan Clayton is the Director of Strategy and Knowledge Management for the System Audit Office at The University of Texas System, and was the project leader for the update team to Sawyers Internal Auditing, 7th edition.

#jammingwithjason #internalaudit #sawyersinternalauditing

Companies Lag on Improving Risk Management and Climbing El Capitan with Joe McCafferty

Companies Lag on Improving Risk Management and Climbing El Capitan with Joe McCafferty

April 9, 2019

A recently released study from the AICPA and NC State show that despite the constant drumbeat for improving and formalizing risk management processes, most organizations are still way behind in their efforts. When 60% agree the volume and complexity or risk have changed extensively over the last five years, and 65% of boards are call for "somewhat" to "extensively" increasing managment involvement in risk oversight, why aren't more organizations on board with implementing ERM (only 34% have "mature" or "robust" oversight)? We'll unpack the results of the study, discuss some of the reasons and implications this has on organizations, internal audit, and how to use ERM as a strategic advantage.

Jason Mefford is joined by Joseph McCafferty, Editor & Publisher of Internal Audit 360 who recently reported on this study in an article. https://internalaudit360.com/ 

You can access Joe's article "Report: Companies Lad on Improving Risk Management" at https://internalaudit360.com/report-companies-lag-on-improving-risk-management-programs/

 

Jason Mefford is a Rock Star - Internal Audit, Risk Management and Compliance. He helps Chief Audit Executives (CAE) and professionals with technical & soft-skills training and coaching to navigate the mine fields of audit, risk and compliance in organizations. http://www.jasonmefford.com/ and http://www.meffordassociates.com

Apple Podcast: https://itunes.apple.com/us/podcast/jamming-with-jason-mefford/id1456660699 

PodBean: https://jammingwithjason.podbean.com/ 

Internal Audit Must Embrace Change or Sink Like a Stone

Internal Audit Must Embrace Change or Sink Like a Stone

April 2, 2019

I spent the last several months interviewing many chief audit executives (CAEs) from all over the world to gain a better understanding of the current state of internal audit. What I found is that not only is the pace of change accelerating at an alarming rate, but along with the mounting challenges come plenty of opportunities too.

From these interviews, and my own experiences as a CAE at two organizations, I have identified some clear trends, challenges, and opportunities that most CAEs are working to address.

 

Jason Mefford is a Rock Star - Internal Audit, Risk Management and Compliance. He helps Chief Audit Executives (CAE) and professionals with technical & soft-skills training and coaching to navigate the mine fields of audit, risk and compliance in organizations. http://www.jasonmefford.com/ and http://www.meffordassociates.com

Apple Podcast: https://itunes.apple.com/us/podcast/jamming-with-jason-mefford/id1456660699

PodBean: https://jammingwithjason.podbean.com/

#internalaudit #cae #chiefauditexecutive

Creating a Support Network and Some Werewolves in London

Creating a Support Network and Some Werewolves in London

March 28, 2019

When we try to go through this thing called life and our career alone, the road is hard and usually full of landmines. It's better to admit we need help and create or join a group that can be a support network and group of advisors before the stress and pressures from work spill over into our personal life and send us spiraling downward.

There is magic in groups. When the right people get together, develop real connections, and provide support and encouragement for each others, some really amazing things happen. Learn how magic happened during the writing of "Werewolves of London," hear a story of what happens when you try to do it alone, and how you can create your own support network, or join a group like the new CAE Roundtable.

 

Jason Mefford is a Rock Star - Internal Audit, Risk Management and Compliance. He helps Chief Audit Executives (CAE) and professionals with technical & soft-skills training and coaching to navigate the mine fields of audit, risk and compliance in organizations. http://www.jasonmefford.com/  and http://www.meffordassociates.com 

Apple Podcast: https://itunes.apple.com/us/podcast/jamming-with-jason-mefford/id1456660699 

PodBean: https://jammingwithjason.podbean.com/

#internalaudit #chiefauditexecutive #cae

Are You Really a Trusted Advisor?

Are You Really a Trusted Advisor?

March 25, 2019

Many support functions in organizations want to be seen as a “trusted advisor” to the business, and internal audit is no exception. There is an aspiration to provide value, so we work really hard proving to ourselves that we are adding value, but other don't see it and tend to runaway.

“And I wonder, I wo, wo, wo, wo, wonder, why,” we aren’t seen as trusted advisors. Maybe it’s because we don’t really understand what “trust” and “advice” really mean.

Jason Mefford is a Rock Star - Internal Audit, Risk Management and Compliance. He helps Chief Audit Executives (CAE) and professionals with technical & soft-skills training and coaching to navigate the minefields of audit, risk and compliance in organizations. http://www.jasonmefford.com/ and http://www.meffordassociates.com

Apple Podcast: https://itunes.apple.com/us/podcast/jamming-with-jason-mefford/id1456660699

PodBean: https://jammingwithjason.podbean.com/

#trustedadvisor #internalaudit #cae #chiefauditexecutive

A Little Ditty About the Show and Some Elephants in the Room

A Little Ditty About the Show and Some Elephants in the Room

March 18, 2019

In this first episode of Jamming with Jason you'll hear a little ditty about the show - format, content, and why this show is being produced. We'll also discuss some of the elephants in the room related to internal audit - the topics of many of the future shows.

This is a real, unscripted, and unedited show about what it takes to be a successful Chief Audit Executive and professional in internal audit, risk management, and compliance.

 

Jason Mefford is a Rock Star - Internal Audit, Risk Management and Compliance. He helps Chief Audit Executives (CAE) and professionals with technical & soft-skills training and coaching to navigate the minefields of audit, risk and compliance in organizations.

http://www.jasonmefford.com/