Auditing with data: for Performance Auditors and Internal Auditors that use (or want to use) data – Details, episodes & analysis

This is the final episode of this podcast. 
It includes:

• an explanation - why the podcast is coming to a close.
• snippets from a selection of prior episodes
• a brief introduction to Algorithm Integrity Matters - the new Risk Insights podcast.

About this podcast
The podcast for performance auditors and internal auditors that use (or want to use) data.
Hosted by Conor McGarrity and Yusuf Moolla.
Produced by Risk Insights (riskinsights.com.au).

Embracing Internal Audit Evolution: A Conversation with Michael Drechnowicz, Head of Internal Audit at TK Elevator

In this episode, Michael shares his insights on the evolution of IA in his role as Head of Internal Audit with a major player in the global elevator and escalator industry. 

His work demonstrates a shift from traditional finance-focus towards extensive business process coverage, ranging from sales to purchasing and fraud investigations. 

We discuss the increasing importance of diversity in global audit teams and how technology, particularly Artificial Intelligence (AI) and data analytics, are transforming internal audit processes. 

The conversation further touches on AI's importance in identifying and managing risks, improving process efficiency, and augmenting the learning experiences of junior auditors. 

Looking ahead, Michael sees a promising and dynamic future for internal auditors amidst rapid digital transformation.

About this podcast
The podcast for performance auditors and internal auditors that use (or want to use) data.
Hosted by Conor McGarrity and Yusuf Moolla.
Produced by Risk Insights (riskinsights.com.au).

This is the first of a series of episodes that focus on performance auditing.

In this episode, we discuss strategic audit planning (a.k.a. forward work planning).

For internal auditors, this is similar to annual (or equivalent) audit planning.

1. Understanding your community / public expectations
2. Understanding your elected body / parliamentarians
3. Understanding the entities within your audit office's jurisdiction

About this podcast
The podcast for performance auditors and internal auditors that use (or want to use) data.
Hosted by Conor McGarrity and Yusuf Moolla.
Produced by Risk Insights (riskinsights.com.au).

In this episode we discuss three simple ways to improve the data cleansing process - easier, faster and higher quality.

1. Find the optimal data source (e.g., don't use a poorly structured dataset)
2. Cleanse iteratively - you may not need all of the fields/columns
3. Import iteratively - start with a subset of the data and build on that as needed

About this podcast
The podcast for performance auditors and internal auditors that use (or want to use) data.
Hosted by Conor McGarrity and Yusuf Moolla.
Produced by Risk Insights (riskinsights.com.au).

In this episode we discuss the use of risk/performance indicators.

These can be used by audit teams, risk teams and integrity agencies.

For audit teams, they are useful throughout the audit lifecycle - planning / risk assessment, fieldwork / conduct and reporting.

We explore why they are useful, what to do and briefly how to get started.

About this podcast
The podcast for performance auditors and internal auditors that use (or want to use) data.
Hosted by Conor McGarrity and Yusuf Moolla.
Produced by Risk Insights (riskinsights.com.au).

Christine (performance audit) and Xiaoyan (data analytics) are Directors with ANAO, the Australian National Audit Office.

In this episode we discuss:

• What The Australian National Audit Office (www.anao.gov.au) does
• The five ways ANAO uses data in its performance audits
• How performance audit teams work with the central data team
• Challenges with data preparation
• The benefits of a strong focus on data quality

About this podcast
The podcast for performance auditors and internal auditors that use (or want to use) data.
Hosted by Conor McGarrity and Yusuf Moolla.
Produced by Risk Insights (riskinsights.com.au).

Tiina Landau is an internationally recognized sustainability expert and Certified European Financial Analyst (CEFA). She currently works as Sustainability Manager at Neste Corporation, embedding sustainability considerations into new business models and supply chains.

She has extensive experience as a speaker in media and seminars and also writes a column in the Finnish financial newspaper Kauppalehti.

In this episode, we discuss Tiina's book: Sustainable Investing - Beating the Market with ESG.  We also explore how internal auditors can help their organizations navigate ESG risks and opportunities.

Links:  

• Tiina's book: Sustainable Investing - Beating the Market with ESG (www.palgrave.com/gp/book/9783030714888)
• Tiina on LinkedIn (www.linkedin.com/in/tiinalandau/) 

About this podcast
The podcast for performance auditors and internal auditors that use (or want to use) data.
Hosted by Conor McGarrity and Yusuf Moolla.
Produced by Risk Insights (riskinsights.com.au).

Erica Toelle is a senior product marketing manager on the Microsoft compliance product team, with focus on information governance and records management.

Erica is a long-time member of the SharePoint and Microsoft 365 community, a former Microsoft MVP, a published author, and a recognized expert in the information governance area.   

In this episode, we discuss Erica's book - Microsoft 365 Compliance: A Practical Guide to Managing Risk.


Links:  

• Erica's book - Microsoft 365 Compliance: A Practical Guide to Managing Risk (https://www.apress.com/us/book/9781484257777)
• Erica on LinkedIn (https://www.linkedin.com/in/ericatoelle/) 

About this podcast
The podcast for performance auditors and internal auditors that use (or want to use) data.
Hosted by Conor McGarrity and Yusuf Moolla.
Produced by Risk Insights (riskinsights.com.au).

Michael DeCero is an Internal Audit Analytics Manager at TDS, a telecommunications company. 

In this episode, Michael explains how he helps his audit team use data. 

 Links:  

• Towards Data Science (www.linkedin.com/company/towards-data-science) 
• Michael on LinkedIn  (www.linkedin.com/in/michael-decero-39b95b44/)   

About this podcast
The podcast for performance auditors and internal auditors that use (or want to use) data.
Hosted by Conor McGarrity and Yusuf Moolla.
Produced by Risk Insights (riskinsights.com.au).

Steve Rummel is a Senior Internal Audit Analytics Manager at CVS Health.

In this episode, Steve explains how he helps his audit team use data.

About this podcast
The podcast for performance auditors and internal auditors that use (or want to use) data.
Hosted by Conor McGarrity and Yusuf Moolla.
Produced by Risk Insights (riskinsights.com.au).