Ep 274: Managing the Hell Out of Your Audit w/ William Englehaupt (Auditology)

Ep 274: Managing the Hell Out of Your Audit w/ William Englehaupt (Auditology)

This week on The Audit Podcast, our guest is William Englehaupt, CEO and founder of Auditology and former director at KPMG.

Bill shares his perspective on bringing discipline, structure, and consistency to audits by applying Lean and Six Sigma principles to the audit process. Drawing on his experience working with hundreds of audit teams across large public accounting firms, he explains why audits should be treated as standard work and how reducing variation in execution can dramatically improve outcomes for both auditors and clients.

We talk about innovative audit methods, real-world client success stories, and why managing audits with urgency and control matters more than relying on theory or hoping things come together. Bill also walks through key ideas from his book, Managing the Hell Out of Your Audit, including the importance of upfront coaching and certifying staff before work begins to reduce rework, review notes, and frustration across audit teams

Be sure to connect with Bill on LinkedIn.

Also, be sure to follow us on our social media accounts on LinkedIn, Instagram, and TikTok.

Also be sure to sign up for The Audit Podcast newsletter and to check the full video interview on The Audit Podcast YouTube channel.

Timecodes:

2:52 - Bills BBQ

6:37 - A Favorite AI Prompt

9:45 - Innovative Approaches to Auditing

11:10 - Client Success Stories

16:53 - Bringing Discipline to New Methodologies

20:13 - Managing the Hell Out of Your Audit

23:08 - The Value of Upfront Coaching

26:40 - Final Thoughts

This podcast is brought to you by Greenskies Analytics, the services firm that helps auditors leap-frog up the analytics maturity model. Their approach for launching audit analytics programs with a series of proven quick-win analytics will guarantee the results worthy of the analytics hype.

Whether your audit team needs a data strategy, methodology, governance, literacy, or anything else related to audit and analytics, schedule time with Greenskies Analytics.

Jaksot(335)

Ep 183: Explaining AI to the AC w/ Julio Tirado (SpiritBank)

Ep 183: Explaining AI to the AC w/ Julio Tirado (SpiritBank)

This week, Julio Tirado, Executive Vice President-Director of Internal Audit & Compliance at SpiritBank, joins the show. Julio is widely recognized within the internal audit community for his expert...

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Ep 182: What Your Audit Committee Needs to Know in 2024 w/ Pat Niemann (EY)

Ep 182: What Your Audit Committee Needs to Know in 2024 w/ Pat Niemann (EY)

This week, Pat Niemann, Partner of Center for Board Matters at EY, joins the show. In this episode, Pat will explore pressing issues in cybersecurity, IA, and ESG in 2024. We'll discuss the impact of ...

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Ep 181: Educating Future Internal Auditors w/ Amanda "Jo" Erven (MSU of Denver)

Ep 181: Educating Future Internal Auditors w/ Amanda "Jo" Erven (MSU of Denver)

This week, Amanda "Jo" Erven, the Director of Internal Audit Education at MSU of Denver, joins the show. With a focus on ethics and fraud training, Jo brings a wealth of experience to the table. Thi...

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Ep 180: How to be a Change Agent w/ Dr. Hernan Murdock

Ep 180: How to be a Change Agent w/ Dr. Hernan Murdock

This week, Dr. Hernan Murdock, VP of Audit Content at ACI Learning, joins the show. In this episode, we're diving into Dr. Murdock's new book, "The Change Agent: Transforming Your Stale Internal Audit...

13 Helmi 202425min

Ep 179: 7 Strategic Opportunities for IA w/ Richard Chambers

Ep 179: 7 Strategic Opportunities for IA w/ Richard Chambers

This week, Richard Chambers, former president and CEO of the IIA and Senior Internal Audit Advisor at AuditBoard, joins the show.  On this episode, we discuss his article 7 Strategic Risks That Thre...

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Ep 178: Podcasting, Data Analytics, and AI in 2024 - Clarissa Lucas Interviews Trent Russell

Ep 178: Podcasting, Data Analytics, and AI in 2024 - Clarissa Lucas Interviews Trent Russell

This week, our regular host, Trent Russell, takes a step back from the hosting duties today. Instead, we have the pleasure of having Clarissa Lucas, Thought Leader in Auditing with Agility and host...

30 Tammi 202444min

Ep 177: Innovation in Auditing and Relationships w/ Jason Winters

Ep 177: Innovation in Auditing and Relationships w/ Jason Winters

This week, Jason Winters, AVP, IA Methodology & Innovation at Navy Federal Credit Union. In this episode, Jason discusses the successes and challenges faced by his Data Analytics team, outlines the A...

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Ep 176: Benford's Law w/ Daniel McCarville

Ep 176: Benford's Law w/ Daniel McCarville

This week, Daniel McCarville, Statistics Researcher and Audit Analytics Professional, joins the show. He is the Audit Data Analytics Lead at Crane Co. In this episode, Daniel delves into Benford's L...

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