Most internal audit functions are still operating like it's 2010. In the first episode of Embark's new GRC series, Adam Olsen is joined by Allison Bradshaw, Principal and head of Embark's GRC and Internal Audit Services practice, to make the case for a fundamentally different model. The conversation covers what modern IA looks like, how to build the right delivery structure, and how CFOs can measure real return on investment.
In this episode:
- Why compliance-checkbox IA is leaving significant value on the table, and what a risk-based, consultative function looks like instead
- Co-sourcing vs. outsourcing: a practical framework for deciding which model fits your organization's size, complexity, and risk profile
- How data analytics and AI are shifting IA from sampling transactions to testing entire populations in near-real time
- The emerging demand for IT audit, cybersecurity, and AI governance capabilities, and why most teams can't hire for all of it
- A framework for measuring IA ROI: prevented costs, recovered value, process improvements, and stakeholder confidence
- A real-world co-sourced engagement example where a single year yielded over $1.6M in identified losses and fraud
What is Accounting Matters?
Accounting Matters lives up to its title, covering vital accounting topics that actually matter to professionals in the accounting trenches. We start with a new topic and definition every episode, then highlight and discuss the key areas, from evaluation to reporting. Accounting Matters is hosted by public accounting veterans Adam Olsen & Nicole Harger from advisory firm Embark.
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