Ep 15: Guardians of Trust – The Human & Intelligent Future of Governance feat. Martin Studer

The conversation explores the future of governance, the role of internal audit in risk management, integrated assurance, simplicity and clarity in governance, accountability and oversight in the age of AI, adapting to technology and industry standards, the role of senior personnel in audit activities, data testing and assurance in internal audit, access to data and analysis for internal audit, understanding data trends and outliers, assurance and data reliance, proactive and dynamic risk management, intelligent risk management and business value, defining risk capacity and appetite, collaboration between internal audit and risk management, preventing assurance fatigue and maintaining accountability, transforming internal audit without losing credibility, educating the board on integrated assurance, the role of the board and management in organizing the assurance ecosystem, essential reading for chief audit executives, the importance of trust and assurance, the future of internal audit in 2030, high performing internal audit function in 2030, and the guiding principle of trust and accountability.Recommended reading from Martin:1. Free Speech, A History from Socrates to Social Media, Jacob Mchangama2. Das Harvard Konzept, Sachgerecht verhandeln, erfolgreich verhandeln, Roger Fisher, William Ury3. Made to Stick, Why Some Ideas Survive and Others Die, Chip Heath, Dan Heath4. Radical Uncertainty, Decision Making Beyond the Numbers, John Kay, Mervyn King5. Corporate Fraud, The Human Factor, Maryam HussainChapters00:00 Exploring the Future of Governance05:25 Integrated Assurance and Risk Management11:47 Data Testing and Assurance in Internal Audit16:53 Proactive and Dynamic Risk Management23:30 Preventing Assurance Fatigue and Maintaining Accountability28:38 The Role of the Board and Management in Organizing the Assurance Ecosystem38:07 The Future of Internal Audit in 203043:16 High Performing Internal Audit Function in 2030