In this episode of GRC Uncensored, hosts Troy Fine and Kendra Cooley, along with producer Elliot Volkman, continue their pursuit of trying to understand what is explicitly holding the GRC world back. Joined by ISO expert David Foreman, the discussion tackles the roles of auditors, tech vendors, and market forces in shaping audit quality.

They explore the significance of audit integrity, the staying power of governance programs, and the varying expectations of companies undergoing audits. Amidst an insightful dialogue, the hosts debate the future of automated compliance tools, check-the-box audits, and the elusive definition of audit quality. Ultimately, the episode underscores the issue's complexity, emphasizing that it's not just about the vendors or auditors but also market demands and expectations.

00:00 Introduction to GRC uncensored

00:42 Meet the hosts: Troy and Kendra

01:05 Controversies and LinkedIn debates

01:37 International expansion and podcast updates

02:28 Commoditization of compliance 03:07 Introduction to Dave and his expertise

04:43 The role of vendors in compliance

07:49 Audit quality and market dynamics

09:49 The importance of audit integrity

13:11 Defining audit quality

20:26 Market expectations and audit quality

23:48 Staying power in compliance programs

28:00 High-quality vs. low-quality audit firms

28:59 Top qualities of a good auditor

29:19 Importance of knowledge in auditing

31:06 Compliance automation tools

32:26 Challenges in finding quality auditors

34:30 The reality of check-box audits

35:34 Accreditation and certification nuances

42:12 The future of auditing and trust centers

43:42 Closing remarks and shameless plugs

47:05 Final thoughts and tagline

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