Podcasts · All Things Internal Audit
Trust Is the Currency: How Internal Audit Proves Its Value in Fast-Moving Organizations
· 42 min · S3 E73
Episode Trust Is the Currency: How Internal Audit Proves Its Value in Fast-Moving Organizations
The Institute of Internal Auditors Presents: All Things Internal Audit
In this episode, Scott Madenburg and Sanjay Vadlamani talk trust; and why it's the defining currency of internal audit. From hyper-growth environments to large, mature organizations, they discuss how audit teams can build credibility, and deliver value without slowing the business down. Through real-world use cases; including AI-assisted code reviews, ERP implementations, and building an internal audit function from scratch, they share practical examples of how trust enables earlier insights, stronger controls, and a true seat at the table.
• HOST:
• Scott Madenburg, CIA, CISA, CRMA Founder and President, ARC Hybrid Corporation
• GUEST:
• Sanjay Vadlamani, CIA, CISA, CISM, CRISC Senior Manager, Internal Controls, PayJoy
KEY POINTS:
• Defining Trust in Internal Audit [00:01:27 – 00:03:17] • Holistic Risk and Connected Controls [00:03:55 – 00:07:01] • Bridging the Gap Between Audit and Leadership [00:07:15 – 00:10:18] • Small vs. Large Organization Trust Challenges [00:11:45 – 00:13:56] • High-Growth Tension: Will Audit Slow Us Down? [00:14:14 – 00:16:51] • AI-Assisted Code and "Slow Down to Speed Up" [00:17:01 – 00:18:53] • Building Trust from Scratch in a Developing Organization [00:19:09 – 00:23:19] • Early Insight Through ERP Implementation [00:23:49 – 00:26:02] • Rolling Up Sleeves: Creating SOPs and Process Improvements [00:26:25 – 00:28:35] • Where Audit Can Undermine Trust [00:29:28 – 00:33:16] • Audit Committee Alignment and Expectation Management [00:33:16 – 00:36:44] • The Next 6–12 Months: AI Literacy and Critical Thinking [00:37:00 – 00:40:52]
Visit The IIA's website or YouTube channel for related topics and more.
IIA RELATED CONTENT: Interested in this topic? Visit the links below for more resources:
• Global Internal Audit Standards • Resources: Governance • Course: Building Stakeholder Relationships • Course: Effective Communication and Conflict Resolution for Internal Auditors • GAM 2026
Follow All Things Internal Audit:
• Apple Podcasts • Spotify • Libsyn • Deezer
Links in the notes 13
- https://www.linkedin.com/in/smadenburg/
- https://www.linkedin.com/in/sanjay-vadlamani/
- https://www.theiia.org/en/
- https://www.youtube.com/%40IIAGlobalHQ
- https://www.theiia.org/en/standards/2024-standards/global-internal-audit-standards/?utm_source=google&utm_medium=cpc&utm_campaign=22100717904&utm_content=174821656482&utm_term=iia%20audit%20standards&gad_source=1&gad_campaignid=22100717904&gbraid=0AAAAADsnbmzrccWUNrcaezU3tqZKeGyb4&gclid=Cj0KCQjwucDBBhDxARIsANqFdr08xknZvGDSPOIRLC41f9Hk7-ycG2NaEy9tMs13xnjcEE9I-PeaowYaAkv0EALw_wcB
- https://www.theiia.org/en/resources/topics/governance/
- https://www.theiia.org/en/products/learning-solutions/on-demand/building-stakeholder-relationships/
- https://www.theiia.org/en/products/learning-solutions/course/effective-communication-and-conflict-resolution-for-internal-auditors/
- https://www.theiia.org/en/events/conference/hybrid-conferences/general-audit-management-conference/program/
- https://podcasts.apple.com/us/podcast/all-things-internal-audit/id1649563473
- https://open.spotify.com/show/1NB6ExNTE5RaarkTRaPBcy
- https://1984d534-f92f-4772-a722-6ac47400e67e.libsyn.com/
- https://www.deezer.com/us/show/5250577
Transcript
Shows are listed from Apple Podcasts' charts and directory, and Podcast Index where it is used. Every show and episode belongs to its publisher and plays from the publisher's own feed; this site hosts none of them. Explicit shows are for adult profiles only, and children’s profiles hear only children’s shows. More about this list.