All Things Internal Audit

The Institute of Internal Auditors Presents: All Things Internal Audit In this episode, Mike Levy talks with Dan Fornelius about the skills internal auditors need in 2026 and how to deliver real advice, insight, and foresight that leaders value. They discuss earning a seat at the table, balancing advisory work with independence, aligning audit work to strategy, and how AI and analytics are transforming internal audit. The conversation highlights the shift toward strategic, insight-driven auditing and what auditors must do to stay relevant. HOST:Mike Levy, CIA, CRMA, CISSP CEO, Cherry Hill Advisory GUEST: Dan Fornelius, CIA Director & Integrated Risk Leader, CrossCountry Consulting IIA North Jersey Chapter Board Member    KEY POINTS:   Introduction and the Evolution of Internal Auditing [00:00:02–00:00:39] Defining Advice, Insight, and Foresight in Internal Audit [00:00:39–00:01:16] Earning a Seat at the Table Through Early Engagement [00:01:16–00:02:00] Aligning Audit Work With Organizational Strategy [00:02:42–00:03:33] Using Business Language to Drive Impact and Value [00:03:37–00:04:20] Balancing Advisory Services and Independence [00:04:32–00:06:40] Independence vs. Objectivity: Reframing the Debate [00:07:02–00:08:35] Providing Real-Time Guidance on Emerging Risks [00:09:12–00:10:27] Why Internal Audit's Holistic View Drives Insight [00:10:31–00:11:24] Defining and Delivering Actionable Insights [00:11:26–00:16:01] Using Data, Analytics, and Early Warning Indicators [00:12:21–00:15:27] Technology and AI as Enablers of Better Storytelling [00:16:12–00:18:33] How AI Frees Auditors to Focus on the "So What" [00:18:45–00:21:06] Skills and Attributes of the Future Auditor [00:21:22–00:23:25] Why Communication and Questioning Matter More Than Ever [00:23:25–00:25:01] Final Reflections on Value-Driven Internal Auditing [00:25:01–00:26:16] IIA RELATED CONTENT:  Interested in this topic? Visit the links below for more resources: 2026 Fraud Unmasked Virtual Conference Global Internal Audit Standards Vision 2035 Advice and Resources Knowledge Centers Artificial Intelligence All Things Internal Audit: Advisory Work: How to Consult Learning Solutions: The Advisory Engagement Visit The IIA's website or YouTube channel for related topics and more. Follow All Things Internal Audit: Apple Podcasts Spotify Libsyn Deezer

The Institute of Internal Auditors Presents: All Things Internal Audit In this episode, Pamela Stroebel Powers and James Rose unpack the new Global Practice Guide: Developing an Internal Audit Strategy, created to support Standard 9.2 in the Global Internal Audit Standards. They discuss why strategy is essential for internal audit functions, how it differs from the audit plan, and the importance of foresight, scenario analysis, and continuous development. They also explore the connection between strategy and performance measurement, and how these tools help internal auditors stay aligned with organizational objectives. HOST:Pamela Stroebel Powers, CIA, CGAP, CRMA, CPA Director of Professional Guidance, Public Sector, The IIA GUEST:James Rose, CIA, CRMA, CPA, CISA Managing Director, Sunhawk Consulting Member, International Internal Audit Standards Board (IIASB) KEY POINTS: Introduction to the New Global Practice Guide [00:00:02–00:00:30] Why Internal Audit Needs Its Own Strategy [00:00:51–00:01:33] How Internal Audit Strategy Differs from Organizational Strategy [00:01:55–00:03:39] Continuous Improvement as a Strategic Mindset [00:03:42–00:04:44] Strategy vs. the Internal Audit Plan [00:04:55–00:07:54] Building Capabilities for the Future, Not Just Executing Audits [00:05:35–00:07:33] Foresight and Scenario Analysis in Internal Audit Strategy [00:08:01–00:14:39] Predicting the Future: Preparing Internal Audit for Multiple Scenarios [00:10:19–00:13:54] Linking Strategy to Performance Measurement (Standard 12.2) [00:15:21–00:19:59] Balancing Required vs. Aspirational Performance Measures [00:16:40–00:19:26] Using Strategy and Measurement to Strengthen Governance Assurance [00:19:26–00:20:39] Wrap-Up and Available Companion Tools [00:21:20–00:23:09] IIA RELATED CONTENT:  Interested in this topic? Visit the links below for more resources: Global Practice Guide: Developing an Internal Audit Strategy Vision 2035 2026 Fraud Unmasked Virtual Conference Global Internal Audit Standards Performance Measurement Tool Internal Auditing Competency Framework Templates Visit The IIA's website or YouTube channel for related topics and more. Follow All Things Internal Audit: Apple Podcasts Spotify Libsyn Deezer

The Institute of Internal Auditors Presents: All Things Internal Audit Deborah Poulalion and Brian Tremblay unpack the top three risks from the 2026 Risk in Focus report: geopolitical uncertainty, digital disruption, and cybersecurity. They discuss why these risks are rising, how internal audit can approach "hard-to-audit" areas, and how to use Risk in Focus to drive stronger conversations with leadership. For a global perspective, read insights from audit leaders in the article 'Risk Around the World.' HOST: Deborah Poulalion Senior Manager, Research & Insights, The IIA   GUEST: Brian Tremblay, CIA, CISA Vice President of Internal Audit, V2X Member, Internal Audit Foundation, Committee of Research and Education Advisors KEY POINTS: Introduction [00:00–00:00:32] The Foundation's Research [00:00:32–00:01:32] Using the North American Report & Board Briefing [00:01:32–00:02:29] Geopolitical and Macroeconomic Uncertainty [00:02:29–00:07:01] Digital Disruption and AI Risk [00:07:01–00:12:13] Cybersecurity: Still the Top Risk [00:12:13–00:18:03] Final Takeaways: Going Deeper on Complex Risks [00:18:03–00:19:41] Closing Thoughts and Where to Access Risk in Focus [00:19:41–00:20:12] IIA RELATED CONTENT:  Interested in this topic? Visit the links below for more resources: Risk in Focus 2026 'Risk Around the World' — Internal Auditor Magazine (December Issue) 2026 Fraud Unmasked Virtual Conference All Things Internal Audit: Navigating Sustainability Regulations Global Perspectives & Insights: Sustainability Tool: Assessing Sustainability Readiness Visit The IIA's website or YouTube channel for related topics and more. Follow All Things Internal Audit: Apple Podcasts Spotify Libsyn Deezer

The Institute of Internal Auditors Presents: All Things Internal Audit Extreme weather is no longer a background variable; it's a governance and resilience issue. In this special episode, Christine Janesko shares extended insights from her interviews for Internal Auditor magazine's "Storm Signals" article. Hear expert perspectives on expanding risk lenses, adapting to climate-driven changes, and how internal audit can strengthen preparedness, communication, and continuity in a world of increasingly unpredictable weather. HOSTS: Catie Brown Associate Manager & Producer, Content Development, The IIA Christine Janesko Senior Editor, Internal Auditor Magazine, The IIA GUEST: Rachael Gauthier Meteorologist, Insurance Institute for Business & Home Safety    Hans-Martin Füssel Climate Change Adaptation Expert, European Environment Agency   Paul Morris Retired Public Sector Internal Auditor and U.S. Coast Guard Reserve Officer   Bob Ward Policy and Communications Director, Grantham Research Institute, London School of Economics KEY POINTS: Introduction [00:00–00:00:36] Why Weather Risk Matters for Internal Audit [00:00:36–00:01:01] Severe Storms: The Hidden Driver of Insured Losses [00:01:01–00:02:37] Emerging Hail and Wind Zones Across the U.S. [00:02:37–00:02:59] Extreme Weather as a Governance Issue [00:02:59–00:03:07] Copenhagen as a "Sponge City" Case Study [00:03:07–00:05:35] Communication Failures During Disasters [00:05:35–00:08:31] Correlated Weather Risks and Global Supply Chain Strain [00:08:31–00:10:52] Weather Risk Is Now a Core Resilience Priority [00:10:52–00:11:11] IIA RELATED CONTENT:  Interested in this topic? Visit the links below for more resources: Storm Signals — Internal Auditor Magazine (December Issue) Knowledge Centers: Environmental, Social, and Governance All Things Internal Audit: Navigating Sustainability Regulations Global Perspectives & Insights: Sustainability Tool: Assessing Sustainability Readiness Visit The IIA's website or YouTube channel for related topics and more. Follow All Things Internal Audit: Apple Podcasts Spotify Libsyn Deezer

All Things Internal Audit: Fraud Podcast "Beer Below Deck" Listen to The IIA's Fraud Podcast, brought to you by All Things Internal Audit. The Fraud Podcast provides fictionalized accounts of real-world frauds featured in Internal Auditor magazine's Fraud department.  In this episode, a harmless naval tradition and a single questionable requisition spiral into a costly cover-up. What starts as an attempt to boost morale becomes a lesson in how pressure, rationalization, and weak controls can turn minor misjudgments into major fraud. Access the full article here. Read the December issue here. Interested in more fraud-related topics? Earn CPEs by registering for The IIA's Fraud Analytics for Internal Auditors Certificate, available online and in-person. Chapters: Introduction to the Case (00:00:00) Part 1: The Tradition That Looked Harmless (00:00:24) Part 2: The Cover-Up (00:01:57) Part 3: Reading the Fraud Triangle (00:03:47) Part 4: The Costs (00:05:00) Follow All Things Internal Audit: Apple PodcastsSpotify Youtube LibsynDeezer