Auditing the Auditors: Building Internal Audit at KPMG

The Institute of Internal Auditors Presents: All Things Internal Audit In this episode, Charles King sits down with Becky Mann to discuss what it takes to build and evolve an internal audit function inside a global firm. They share lessons from leading internal audit through disruption, how to structure teams around the business, and why auditors must move beyond rigid audit plans to deliver real value.  HOST: Charles King, CIA, CRMA, CISSP, CISA AI and Internal Audit Leader, KPMG  GUEST: Becky Mann, CIA Chief Audit Executive, KPMG   KEY POINTS: Introduction [00:00:00-00:00:44] Becky Mann's Internal Audit Background [00:00:44-00:02:06] Leading Internal Audit Through COVID-19 [00:02:06-00:03:18] KPMG's Internal Audit Function and Scope [00:03:18-00:05:35] Building Teams Around the Business [00:05:35-00:07:49] Learning to Pivot From the Audit Plan [00:07:49-00:09:21] Structuring Audit Portfolios [00:09:21-00:10:41] Rotations and Guest Auditor Programs [00:10:41-00:11:16] Onboarding Guest Auditors [00:11:16-00:13:55] Engaging the Board and Executive Stakeholders [00:13:55-00:16:36] Aligning Expectations and Avoiding Surprises [00:16:36-00:16:59] Why Internal Audit Still Matters [00:16:59-00:19:27] Choosing the Right Risk Response [00:19:27-00:20:31] Final Thoughts [00:20:31-00:20:54] IIA RELATED CONTENT:  Interested in this topic? Visit the links below for more resources: Global Internal Audit Standards Vision 2035 Communicating with the Board: Turning Audit Insights into Impact <a href= "https://www.theiia.org/en/content/position-papers/2020/the-iias-three-lines-mo