Ep 213: Transforming Audit in 2024 w/ Stephanie Richard (Ally)

This week's episode, we're joined by joined by Stephanie Richard, Chief Audit Executive at Ally. In this episode, Stephanie shares how she transformed the culture and mindset of her internal audit team of over 150 auditors. She talks about the challenges of driving innovation in a large team, staying ahead of emerging trends, and guiding her department to become more data and AI driven. She also offers advice for current and aspiring CAEs on improving efficiency and impact. Be sure to connect with Stephanie on LinkedIn.   Also, be sure to follow us on our new social media accounts on LinkedIn, Instagram, and TikTok.   Also be sure to sign up for The Audit Podcast newsletter and to check the full video interview on The Audit Podcast YouTube channel.   Timecodes: 2:50 - What's in your Internet Browsing History? 5:55 - Shifting Internal Audit Mindsets 13:35 - Transforming a Large Audit Department 19:20 - Anticipating Risks as an Auditor 23:20 - Guidance for Aspiring CAEs 24:40 - Embracing Disruption in Audit 26:35 - Building Habits to Change Mindsets29:35 - Final Thoughts   *   This podcast is brought to you by Greenskies Analytics, the services firm that helps auditors leap-frog up the analytics maturity model. Their approach for launching audit analytics programs with a series of proven quick-win analytics will guarantee the results worthy of the analytics hype.  Whether your audit team needs a data strategy, methodology, governance, literacy, or anything else related to audit and analytics, schedule time with Greenskies Analytics.