Why we love internal audit

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KL: That’s a great answer, Shawn. And when I think about internal audit, even in the time that I’ve been in the role, it’s fair to say there’s been a wide transformation on how the function itself has been engaged by the business, the role it plays, and I think it’s been really exciting to see how that’s evolved over the years. So maybe Sophie, I’ll start with you. With your tenure being an internal audit profession, describe to me some of the evolution that you’ve been involved in.

ST: Yeah, absolutely. There’s been a lot. I think the risk environments are constantly evolving, and so we are constantly learning and innovating on how we need to best evaluate and address risks in a way that will continue to instill confidence in client stakeholders across the business. I spend a lot of time working with clients to upscale their digital literacy. We have so much data at our fingertips now that to be able to really move forward and drive insights from event log data, from transactions we’re already in the weeds with which historically we may have just performed sample testing, we can now look at full populations, understand more trend analysis to think through the bottlenecks…

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