In this presentation, Richard zeroes in on how the future will affect Internal Audit, including:

• Artificial Intelligence – why its influence is going to be pervasive, risky, and revolutionary;

• How technology more broadly, including automation, Evolutionary Algorithms, the Internet of Things, and Fog computing, is going to drastically change the operational future of all organizations;

• Why a futurist’s approach to risk and risk management is different from the conventional view, and what Internal Auditors can gain by adding it to their toolkit;

• Why Internal Audit must continue to shift towards forward-looking as well as backward checking for the welfare of their organizations;

• The trends that are affecting industry, global trade, government, not-for-profits, education, and society, and how you can prepare for the changes to come

After attending this session, participants will:

• Be able to identify key internal partnerships that can be brought to bear on specific audits to amplify messaging

• Understand audit’s role in connecting disparate functions within the organization

• Be equipped to increase audit’s organizational influence based on broad strategic alignment

• Identify the organizational impacts (beyond risk/control) associated with audit findings

• Identify non-obvious stakeholders in particular audit jobs

• Increase in-audit engagement with these stakeholders beyond the area under review

Small Internal Audit teams face unique challenges in maintaining their relevancy and adding value, especially when budget and other resources are limited, continuous change and uncertainty is a constant and management is focused on executing strategic initiatives.

This presentation will explore practical actions that can have a significant impact on a small audit team’s ability to stay relevant and add value, including creating clarity and buy-in around internal audit’s value proposition, aggressively delivering on key value drivers and effectively marketing and communicate accomplishments and results.