Is Internal Audit Too Focused on Compliance and Not Enough on Business Strategy
Audit Bites13 Jan

Is Internal Audit Too Focused on Compliance and Not Enough on Business Strategy

Is your audit department too focused on compliance and missing out on business strategy? In Episode 72 of Audit Bites, host Rob Berry examines why internal auditors often find themselves trapped in the world of checklists and regulatory paperwork—while overlooking opportunities to truly impact business growth.

Drawing from three decades of experience, Rob Berry shares real-life stories and actionable strategies auditors can use to break free from the “compliance bubble.” Learn the crucial difference between being a compliance cop and a strategic advisor, why business acumen is key, and how your team can add tangible value to the organization.

Key topics covered:

  1. Why compliance is comfortable but business strategy is riskier
  2. Moving from rule enforcer to valued business partner
  3. How asking “why” leads to better audit outcomes
  4. The importance of business acumen for auditors
  5. How reframing audit findings can foster real improvements

You’ll also hear insights on balancing compliance with strategic input, involving internal audit in decision-making, and ways to measure audit success beyond just findings. Plus, Rob Berry introduces Audit Leverage, his new AI-powered tool for internal auditors, and answers listener questions about audit reporting and stakeholder value.

Ready to evolve your audit role?

Listen now, subscribe, and visit Audit Leverage for next-level AI tools for auditors. For more resources, training, and merch, check out www.thatauditguy.com.

Episoder(77)

When Empathy Tests Integrity in Internal Auditing

When Empathy Tests Integrity in Internal Auditing

How does empathy impact auditors—and what happens when caring too much crosses the line? In Audit Bites Episode 69, “When Empathy Tests Integrity in Auditing: The Fine Line Between Care and Compliance...

5 Jan 44min

Empathy in Auditing: 5 Ways to Build Trust and Collaboration

Empathy in Auditing: 5 Ways to Build Trust and Collaboration

Ever walked into a meeting and felt like the villain before you’ve even said a word? That’s how many audit clients feel—and it’s time to change the narrative. This week on Audit Bites, we’re exploring...

17 Des 202439min

Why We’re Failing Future Auditors—and How to Fix It

Why We’re Failing Future Auditors—and How to Fix It

Are we setting the next generation of auditors up for success—or frustration? This week, we confront the uncomfortable truth about how outdated practices, withheld information, and resistance to chang...

4 Des 202434min

Why Clients Dislike Auditors—and How to Change Their Minds

Why Clients Dislike Auditors—and How to Change Their Minds

Auditing is all about facts and figures—right? Not so fast. This week on Audit Bites, we’re tackling an uncomfortable truth: why clients often view auditors as adversaries rather than allies. From pe...

23 Nov 202441min

The Weight We Carry - The Impact of Audit Recommendations

The Weight We Carry - The Impact of Audit Recommendations

Ever wondered just how much power your audit recommendations hold? In this episode of Audit Bites, Rob Berry takes you on a deep dive into the immense responsibility that comes with being an auditor. ...

30 Aug 202438min

5 Reasons Audit Clients Lie

5 Reasons Audit Clients Lie

Does everybody lie?Sometimes it's hard getting the truth from some people.Auditors often have an uphill battle to obtain the truth clients.But why?Why do clients lie?Tune in to the next episode of the...

1 Aug 202455min

Some Auditors Have Assurance All Wrong

Some Auditors Have Assurance All Wrong

Almost everyone expects auditors to find something. Afterall, we are called assurance providers. But is always finding something really reasonable? And is the job of auditor to finger point?Join us on...

3 Jul 20241h

Auditors Should Be Cautious With Assumptions

Auditors Should Be Cautious With Assumptions

You know what they say you do when you assume?What if everyone reacted to the world based on their assumptions?That could possibly end badly.But, on the other hand, assumptions do have their place in ...

12 Jun 20241h 6min

Populært innen Business og økonomi

stopp-verden
lydartikler-fra-aftenposten
dine-penger-pengeradet
rss-penger-polser-og-politikk
e24-podden
rss-borsmorgen-okonominyhetene
livet-pa-veien-med-jan-erik-larssen
tid-er-penger-en-podcast-med-peter-warren
pengesnakk
finansredaksjonen
utbytte
pengepodden-2
rss-sunn-okonomi
morgenkaffen-med-finansavisen
lederpodden
stormkast-med-valebrokk-stordalen
liberal-halvtime
rss-markedspuls-2
lederskap-nhhs-podkast-om-ledelse
arcticpodden