In this episode, Michelle Hubble and Jaime Phillips join Mike Maali to discuss how to rethink your SOX compliance program. We discuss the following questions: 0:37 - Why is now a good time to rethink your SOX program? 1:13 - As controllers are taking greater ownership of full programs within an organization how does that align with the organization’s objectives? 2:38 - How do transformations throughout the organization impact controls and SOX? 3:52 - What does a SOX transformation look like? 5:06 - What are the expected benefits of a SOX transformation? 7:10 - What are key things organizations ..read more

In this episode, Jason Plummer joins Bob Clark to discuss GRC programs and technology, their key components, and how they enable an organization's strategic vision and drive sustainable value. We discuss the following questions: 0:38 - What do we mean by GRC? 1:36 - What are the key components to define your strategic vision enabling you to determine the best GRC technology? 3:30 - How does using a single GRC platform potentially reduce the cost of compliance? 6:57 - How much time and cost savings can be gained by implementing a GRC program 8:40 - What should companies be considering as they ..read more

In this episode, Jaime Phillips and Jeff Sorensen join Michelle Hubble to discuss the four key pillars to digitizing a SOX compliance program and how to address the associated challenges. We discuss the following questions: 0:41 - Why do organizations need to focus on the entire program when looking to digitize a SOX program? 2:20 - What are the four key pillars that are important when digitizing a SOX program and the challenges around them? 8:18 - What are companies tangibly doing to address these challenges? 9:14 - As these technologies are not one size fits all, how should organizations thi ..read more

In this episode, Lauren Massey and Dhiraj Malhotra join Mike Maali to discuss internal audit’s new value proposition and why now is the right time for internal audit to transform. We discuss the following questions: 0:56 - Why is now the time for fundamental transformation in internal audit? 3:45 - What does internal audit transformation look like? 6:18 - How will risk sensing allow us to change the way we think about and assess risk? 8:34 - How does this transformation affect the people within the organization? 10:11 - What are some key takeaways to consider when getting started with your i ..read more

In this episode, Lauren Massey and Dhiraj Malhotra join Mike Maali to share a real example of how one company got started with internal audit transformation and the tactical next steps you can take to bring this model to life.  We discuss the following questions:  0:46 - What activities can help you pull together all of your needs to begin your internal audit transformation?  3:25 - What stakeholders are normally involved in this type of activity?  6:07 - What are typical outputs that come out of this type of activity?  https://www.pwc.com/us/en/services/risk-assura ..read more

In this episode, Lauren Massey joins Mike Maali to discuss next-gen internal auditor profiles and the impact that digital skills and collaboration will have on internal audit transformation.  We discuss the following questions:  0:45 - How is the internal auditor skill set changing?  2:50 - What does the next-gen internal auditor career progression look like?  4:53 - How are companies, including PwC, going through the process of upskilling current staff?  8:30 - What are the recruitment aspects of the talent strategy and the changes we are seeing for internal audit ..read more

In this episode, Stephen D'Arcy joins Bob Clark to talk about the potential for intelligent controls automation to reduce the cost of compliance and improve quality and confidence. We discuss the following questions: 0:36 - What is intelligent controls automation? 3:42 - What are some benefits a company would expect to receive through intelligent controls automation? 7:56 - How can intelligent controls automation help companies not as advanced, that are more manual? 9:36 - What applications can use intelligent controls automation? 10:36 - What are the key takeaways when looking to go thr ..read more

In this episode, Dan Sorensen, Eric Caliendo and Miriam Shou join Bob Clark to talk about the critical role of data management in business and technology transformation, and in particular, the importance of implementing a comprehensive data transformation strategy and how to overcome data quality challenges across the enterprise. We discuss the following questions: 0:57 - What's driving the demand for business and technology transformation today? 2:47 - Why is having a data strategy really important in terms of driving a transformation and why is that crucial to companies as they go through ..read more

In this episode, Julie Holden and Michael Isaac join Lillian Borsa to discuss re-thinking resiliency and the steps you can take now to strategically revise your business continuity management (BCM) program in the wake of COVID-19. We discuss the following questions: 2:11 - How do you define business continuity management? 3:04 - What are some key lessons that organizations experienced during the pandemic and what they should be thinking of and doing to be better prepared going forward? 4:40 - What should organizations be thinking about and doing going forward? 9:27 - How are we seeing companie ..read more

Regulatory complexities continue to grow, while the pace of new products and services has accelerated and innovation and regulatory technology (RegTech) solutions are becoming commonplace. In this episode, Matt Shelhorse joins Chad Gerhardstein to discuss the need for compliance program effectiveness in this environment, including the key compliance elements and trends in this remote and virtual environment. We discuss the following questions: 1:10 - What is compliance effectiveness as we refer to it? 2:07 - What are some of the broader trends around compliance, specifically in this heavily re ..read more