Leading Small Audit Functions: Strategies for Success
Description
The Institute of Internal Auditors Presents: All Things Internal Audit
In this episode, George Barham talks with Skip Langlois about the unique challenges and opportunities of small internal audit functions. They discuss definitions of a small function, advice for starting one, managing expectations, building relationships and developing future leaders in a small audit environment. Langlois also shares insights on leveraging AI and why emotional intelligence matters as as much as technical skill in a small audit environment.
HOST:
George Barham, CIA, CRMA, CISA,
Director, Standards & Guidance, The IIA
GUEST:
Martin “Skip” Langlois, CIA, CPA, CISA, CFE, CRMA
Senior Vice President and Chief Audit Executive, Encova Insurance
Key Points
- Introduction [00:00-00:00:38 ]
- Defining a Small Audit Function [00:00 :56-00:01:22 ]
- Advice for Starting a Small Audit Function [00:02 :03-00:03:48 ]
- Building Relationships and Credibility [00:04 :12-00:06:06 ]
- Identifying Stakeholders and Internal Relationships [00:06 :13-00:08:03 ]
- Scope and Focus of Small Functions [00:08 :13-00:10:22 ]
- Networking and External Relationships [00:10 :22-00:11:50 ]
- Making the Case to Expand a Small Team [00:12 :15-00:13:48 ]
- Recruiting and Retaining Top Talent [00:13 :59-00:15:24 ]
- Leveraging AI in Small Functions [00:15 :35-00:17:15 ]
- Leadership Lessons from the Military [00:17 :15-00:19:42 ]
- Final Thoughts [00:19 :44-00:19:56 ]
The IIA Related Content
Interested in this topic? Visit the links below for more resources:
- 2025 AuditSphere Virtual Conference
- Resources: Small Audit Function Resources Exchange
- Global Best Practice: Small Audit Functions, Large Audit Abilities
Visit The IIA's website or YouTube channel for related topics and more.
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