Elevating Internal Audit: Insights from Industry Experts
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In this exciting episode of 'The Two Who Recruit' podcast, our host shares their excitement and energy about discussing a thoughtful topic with two influential guests in internal audit.
Sandro Boeri, the President of the Chartered Institute of Internal Auditors UK and Ireland, and Sally Clark, Chair of the Independent Audit Committee for the Rewrite of the Institute of Internal Audit Code of Practice, join us.
The discussion revolves around the new Internal Audit Code of Practice, its implications, and the broad strategic value it aims to bring to the profession. Key points include the importance of organisational culture, adapting to emerging risks like AI and ESG, fostering a diverse workforce, and leveraging the code for team development and strategic alignment.
They also touch upon the nuanced roles within internal audit and the booming conversation around hybrid working, all underscored by hosting tips to create effective, collaborative audit environments.
Time stamps:
00:00 Introduction and Excitement for the Podcast
00:37 Meet the Guests: Sandro Boeri and Sally Clark
01:49 The New Code of Practice: Highlights and Importance
03:59 Challenges and Opportunities in Internal Audit
10:37 Diversity and Skills in the Profession
19:42 The Future of Internal Audit: Courage and Innovation
24:20 Exploring Organisational Culture in Auditing
25:20 The Debate on Remote Auditing
28:31 Hybrid Working: Balancing Remote and In-Person Auditing
33:32 Utilising the Code for Audit Departments
39:03 Recruitment and the Future of Auditing
44:11 Final Thoughts and Fun Questions
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