Dispatches From GAM 2019 Event
The Institute of Internal Auditors held its 2019 General Audit Management conference in Dallas this week, bringing together hundreds of corporate audit chiefs to talk about the latest trends in their profession. We couldn’t attend ourselves, so here is a smattering of posts from GAM on social media to keep you briefed on what was said there.
Not sure I agree with this point, but not sure that I disagree, either. Many organizations now do this, some even with sincere ambition for better risk assurance rather than cost-cutting. So, hmmm.
Combining assurance between different groups has a maturity level. Kinda like two heads are better than one. #IIAGAM @TheIIA pic.twitter.com/xCdcHYaH8P
— Juman (@jdoleh) March 11, 2019
That is Christa Steele, standing; a board director and outspoken proponent of better technology in the boardroom and in the audit function.
GAM 2019 panelists discuss “Disruption’s Internal Audit Impact.” https://t.co/vuREUJT6p8 #IaMagIIA #IIAGAM pic.twitter.com/Pe7CpwgzDo
— TheIIA (@TheIIA) March 13, 2019
So true. The crucial ingredient for change is employees’ understanding that they can try, fail, and try again without punishment from the boss.
In a world where we are balancing b/t a hierarchical & a network structure, we must say to our teams “You are safe. You are free.” This opens up the discussion to new, out-of-the-box, future thinking ideas. @sethmattison #IIAGAM
— Krystle (@krisd804) March 13, 2019
Agree.
If internal audit can move away from tasks and toward insight, it will be better off. If it can evolve, it will not only remain relevant, it will become a strategic partner. – Brian Foster, Microsoft #iiagam pic.twitter.com/x1FePfrMAM
— Anne Millage (@AMillage) March 13, 2019
SEC Commissioner Hester Peirce is the libertarian voice on the commission, clear and outspoken with her views as always.
U.S. SEC Commissioner Peirce talks risk and what’s on the horizon for the agency. #IIAGAM #IaMagIIA https://t.co/J1pbVEg9Oh pic.twitter.com/fjxQhoYlav
— TheIIA (@TheIIA) March 12, 2019
Small audit teams and better technology: interest is surging among this group, so no surprise in this tweet.
American Eagle Outfitters auditors speak on RPA and analytics for small audit functions to a packed house. #iiagam pic.twitter.com/DMXaqpNDqG
— Anne Millage (@AMillage) March 11, 2019
Should also give team members free subscription to Radical Compliance.
Forty hours of training isn’t enough to keep up with disruptive technologies. Audit departments are having staff get 100 hours of training per year to stay current. Great session at #IIAGAM. #gamlivestream
— Maunda Land CMP, CAE (@MaundaLand) March 13, 2019
You can find many more posts with the hashtag #IIAGAM, and the material is well worth a few minutes of your time. Congratulations to the IIA hosting the event.