Rethinking your Internal Audit Approach
In this episode, Lauren Massey joins Mike Maali to discuss the changes to the internal audit approach and how internal audit will look and feel different after transformation.We discuss the following questions: 0:44 - How will internal audit transformation change the way that we address risk?1:55 - What implications will this have for reporting to the Audit Committee and executive management and other forms of reporting?3:36 - What’s the difference between an audit spectrum and the traditional audit plan?6:11 - How are the organization's enterprise risk management process and 3 lines of defense working together to play an important role in this transformation?9:25 - What are some key takeaways to consider when companies are going down their own internal audit transformation journey?https://www.pwc.com/us/en/services/risk-assurance/podcasts/rethinking-internal-audit-approach.html