May 28, 2019
Certifications are an important part of developing one's career, but you need to focus on the right certifications and learning. We'll discuss the Big-3 certifications (the ones internal auditors should have) and how to make informed decisions about the training and learning needs to move your career forward. Hint: it's not about just getting alphabet soup certifications behind your name, it's about being strategic in determining which certifications and training will move you forward in your career. We'll also give some guidance on top competencies internal auditors need to develop to succeed in the future.
Jason Mefford is joined by Karl Stingily, the Chief Audit Executive at Caeser's Entertainment, the world’s most geographically diversified casino-entertainment company.
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
Interviews and discussions (jam sessions) relevant to Chief Audit Executives and professionals in internal audit, risk management, and compliance.
Apple Podcast: https://itunes.apple.com/us/podcast/jamming-with-jason-mefford/id1456660699
#CIAexam #certifications #internalaudit
May 21, 2019
Moving to an agile internal audit approach is a big shift in mindset. It is not just performing audits in a more nimble or lean way. It is about using agile methodologies to transform the whole audit process. This method produces a more collaborative approach with the audit client, a more self-managed team mentality, and scheduling the audits in time box work cycles (sprints). This fundamentally changes how we plan, perform, staff and report on audits.
Jason Mefford is joined by Rick Wright, CAE of YRC Worldwide to discuss the big picture view of agile auditing, how to transform your audit team into an agile methodology team, and discusses Rick's upcoming book on Agile Auditing that will be published summer of 2019, which includes a practical approach and case studies on how to move from traditional auditing to agile auditing.
#agileauditing #internalaudit #chiefauditexecutive
May 14, 2019
Internal audit has established some great traditions over the years. As Tevye, the character from Fiddler on the Roof said: "Traditions, traditions. Without our traditions our lives would be as shaky as... as a fiddler on the roof!" Later; however, Tevye realizes, "our old ways were once new, weren't they?" We have to be willing to change with the times and create new traditions that provide more value to our organizations than the old ones.
Jason Mefford is joined by Dan Clark, for a discussion on establishing your own personal brand, tips for becoming a better auditor, and making internal audit a career. You'll also learn how to become a trusted advisor and provide insight and foresight.
Dan Clark is the GOAT of Internal Audit (you'll have to listen to learn what that means) and CAE of Washington Trust Bank. In a career that spans more than 30 years, Dan has accumulated a lot of wisdom that he shares in his book: Dare to Be Different - An Auditor's Personal Guide To Excellence. Currently, he is working on new book: The Tao of Internal Audit.
May 7, 2019
Most Chief Audit Executives (CAEs) struggle with justifying the level of internal audit resources. When internal audit is viewed by stakeholders as a "cost center" this is an annual challenge justifying headcount and annual budgets, especially when the organization is in cost-cutting mode. Many in the profession advocate using benchmarking as a way to "right size" the internal audit function, but this can be a very slippery slope and is based on some faulty assumptions. A much better approach is to focus on the organizational risks and expectations of the board and senior management.