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Auditing with data: for Performance Auditors and Internal Auditors that use (or want to use) data
Risk Insights, Yusuf Moolla, Conor McGarrity
59 episodes
1 week ago
The podcast for performance auditors and internal auditors that use (or want to use) data. Produced by Risk Insights.
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Management
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All content for Auditing with data: for Performance Auditors and Internal Auditors that use (or want to use) data is the property of Risk Insights, Yusuf Moolla, Conor McGarrity and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
The podcast for performance auditors and internal auditors that use (or want to use) data. Produced by Risk Insights.
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Management
Business
Episodes (20/59)
Auditing with data: for Performance Auditors and Internal Auditors that use (or want to use) data
58. The final episode

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).

Show more...
1 year ago
44 minutes 11 seconds

Auditing with data: for Performance Auditors and Internal Auditors that use (or want to use) data
57. Michael Drechnowicz, Head of Internal Audit, TK Elevator

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).

Show more...
2 years ago
35 minutes 6 seconds

Auditing with data: for Performance Auditors and Internal Auditors that use (or want to use) data
56. Cathy O'Neil, Algorithm Auditor, Author of WMathD

Our guest is Cathy O'Neil, author of Weapons of Math Destruction: how big data increases inequality and threatens democracy.

Cathy joined us to discuss critical aspects for auditors to consider, including:

  • The human element: why understanding 'for whom an algorithm might fail' is more important than the detailed technical design of an algorithm.
  • Algorithm testing: the importance of post-deployment testing to ensure there are no unintended adverse outcomes. 
  • Setting standards: the need for industry-wide standards so that regulators can ensure there is no bias or discrimination in how algorithms operate. 
  • Laggers and leaders: the four big industries/domains using algorithms that need to step up audit in their space and how law-makers and regulators are catching up.
  • Emerging AI, e.g. language models/chatbots - why trust by users is key, and the pros and cons of using these models.

Links

  • Cathy's company, ORCAA 
  • Weapons of Math Destruction (book)  


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).

Show more...
2 years ago
44 minutes 6 seconds

Auditing with data: for Performance Auditors and Internal Auditors that use (or want to use) data
55. Data Science and KNIME with Maarit Widmann

Maarit Widmann is a data scientist at KNIME (www.knime.com)
In this episode, we discuss:

  • What KNIME is
  • Why the visual programming paradigm (workflows, rather than code) is appealing to both technical and non-technical professionals
  • The most challenging aspects of the data science lifecycle, and what auditors should be aware of
  • The most important aspects of the data science lifecycle 


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).

Show more...
3 years ago
20 minutes 36 seconds

Auditing with data: for Performance Auditors and Internal Auditors that use (or want to use) data
54. Analysis

In this episode we discuss the use of the word "analysis" in the context of using data for audits.
This is an attempt to define the "analysis phase" - or stop using it as the name of a phase - so that we can better structure our work.


This is explored in more depth in our book, here: https://riskinsights.com.au/the-data-confident-internal-auditor


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).

Show more...
3 years ago
19 minutes 17 seconds

Auditing with data: for Performance Auditors and Internal Auditors that use (or want to use) data
53. The Data-Confident Internal Auditor

This episode is a pre-recorded interview with Benji Block for the Author Hour podcast. We discuss our new book, The Data-Confident Internal Auditor.

For internal auditors, developing trends in data analysis and data science can feel less like a wealth of information and more like an avalanche. Still, better use of data provides an opportunity to advance your career by adopting new invaluable skills. 

The missing link: jargon-free guidance that cuts through the hype. The Data-Confident Internal Auditor demystifies the use of data in internal audits through practical step-by-step guidance. With concepts and tools that are easy to understand and apply, this comprehensive guide shows you how to approach data yourself without having to wait on a data scientist or a technical expert.

Developed over the course of hundreds of actual audits, these real-world approaches and practices are distilled into a simple sequence of steps that will leave you feeling confident and even eager to apply them for yourself.


Links:  

  • The Data-Confident Internal Auditor  on Amazon (https://geni.us/DataConfidentInternal)
  • The Data-Confident Internal Auditor site - with bonus resources (http://data-confident.com/)
  • The original episode on Author Hour (https://authorhour.co/the-data-confident-internal-auditor-yusuf-moolla-conor-mcgarrity/)


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).

Show more...
4 years ago
23 minutes 49 seconds

Auditing with data: for Performance Auditors and Internal Auditors that use (or want to use) data
52. Simplicity

In this episode we discuss why and how audit quality is improved when we keep things simple.


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).

Show more...
4 years ago
16 minutes 28 seconds

Auditing with data: for Performance Auditors and Internal Auditors that use (or want to use) data
51. Performance Audit Mini-Series #4: Conduct/Fieldwork

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

In this episode, we discuss five suggestions to help improve the conduct (fieldwork / execution) phase.


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).

Show more...
4 years ago
13 minutes 34 seconds

Auditing with data: for Performance Auditors and Internal Auditors that use (or want to use) data
50. Performance Audit Mini-Series #3 Planning with data

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

In this episode, we discuss the benefits of adopting a data focused approach during audit planning.


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).

Show more...
4 years ago
17 minutes 58 seconds

Auditing with data: for Performance Auditors and Internal Auditors that use (or want to use) data
49. Performance Audit Mini-Series #2 Work Program Balance

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

In this episode, we discuss the importance of balance in your work program - covering each of the four objectives:

  1. Effectiveness
  2. Efficiency
  3. Economy
  4. Compliance


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).

Show more...
4 years ago
15 minutes 55 seconds

Auditing with data: for Performance Auditors and Internal Auditors that use (or want to use) data
48. Performance Audit Mini-Series #1 Forward Work Planning

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).

Show more...
4 years ago
17 minutes 59 seconds

Auditing with data: for Performance Auditors and Internal Auditors that use (or want to use) data
47. Three practical ways to fast-track the data cleansing process

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).

Show more...
4 years ago
9 minutes 41 seconds

Auditing with data: for Performance Auditors and Internal Auditors that use (or want to use) data
46. Combining data to create risk indicators for audits and risk monitoring/exploration

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).

Show more...
4 years ago
14 minutes 52 seconds

Auditing with data: for Performance Auditors and Internal Auditors that use (or want to use) data
45. How ANAO uses data in performance audits - with Xiaoyan Lu and Christine Chalmers

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).

Show more...
4 years ago
19 minutes 34 seconds

Auditing with data: for Performance Auditors and Internal Auditors that use (or want to use) data
44. ESG and Sustainable Investing with Tiina Landau

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).

Show more...
4 years ago
28 minutes 36 seconds

Auditing with data: for Performance Auditors and Internal Auditors that use (or want to use) data
43. Microsoft 365 Compliance with Erica Toelle

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).

Show more...
4 years ago
24 minutes 59 seconds

Auditing with data: for Performance Auditors and Internal Auditors that use (or want to use) data
42. Michael DeCero, a Data Professional at TDS with an Internal Audit background

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).

Show more...
4 years ago
25 minutes 58 seconds

Auditing with data: for Performance Auditors and Internal Auditors that use (or want to use) data
41. Steve Rummel, Senior IA Analytics Manager at CVS Health

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).

Show more...
4 years ago
34 minutes 35 seconds

Auditing with data: for Performance Auditors and Internal Auditors that use (or want to use) data
40. A CIO/CRO perspective on risk, security and internal audit with Ari Levien

Ari Levien is an experienced Chief Information Officer who has also played the role of Chief Risk Officer.

In this episode we discuss how a CIO (with an understanding of risk) thinks about security and risk.  We also discuss his views of Internal Audit and what good looks like for IA.


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).

Show more...
4 years ago
25 minutes 54 seconds

Auditing with data: for Performance Auditors and Internal Auditors that use (or want to use) data
39. Four Quality Assurance Steps - Data in Audit

In using data for audits, quality assurance of our work is important.

In this episode, we discuss: 

1.  The four main QA steps

  • Technical QA 
  • Functional QA 
  • Business QA (validation) 
  • Audit QA 

2. Why we need a QA Plan

This is explored in more depth in our book, here: https://riskinsights.com.au/the-data-confident-internal-auditor


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).

Show more...
4 years ago
10 minutes 35 seconds

Auditing with data: for Performance Auditors and Internal Auditors that use (or want to use) data
The podcast for performance auditors and internal auditors that use (or want to use) data. Produced by Risk Insights.