From Risk Traditionalist to Risk Strategist: How Internal Audit Must Evolve

The Institute of Internal Auditors Presents: All Things Internal Audit  What does it take to move an internal audit function from being risk traditionalists to risk strategists, and what's quietly holding most teams back?   In this companion episode to Internal Auditor magazine's "Becoming a Risk Strategist" article, host Erin Banet sits down with Jess Rodgers to examine why the traditional audit model no longer fits the world we're operating in, and what leaders need to unlearn before they can change it. You'll hear three assumptions most audit teams are still running on, a real-world example of transformation done right, and one concrete action CAEs can take in the next six months to start shifting their function's standing with leadership.     HOST: Erin Banet, CPA   Chief Audit and Risk Officer, Humana GUEST: Jess Rodgers, CIA, CPA    Global Internal Audit Leader, EY   Vice Chair, Finance, IIA North American Board   KEY POINTS: Introduction [00:00:02 - 00:00:25] What Defines a Risk Traditionalist Function [00:00:51 - 00:02:31] Why the Traditional Model No Longer Works [00:02:37 - 00:04:22] Assumptions Internal Audit Must Unlearn [00:04:28 - 00:06:39] The Mindset Shift Required for Transformation [00:06:44 - 00:08:44] A Real-World Transformation Example [00:08:44 - 00:11:10] <li data