Episode 30 - Tiffany McCoy

In this episode, we explore the world of internal auditing with Tiffany, a seasoned auditor with extensive experience in government and public sector auditing. Tiffany shares her insights on the importance of internal controls, vendor management, and the challenges faced by government entities in maintaining financial accountability. She emphasizes the role of auditors in supporting mission-based organizations and the value of curiosity in the auditing profession.Chapters:00:00:00 Introduction to Super Auditor00:00:04 Meet Tiffany: The Internal Auditor00:01:23 The Importance of Vendor Management00:02:34 Challenges in Government Auditing00:03:34 Mission-Based Auditing00:04:37 Forensics and Internal Controls00:06:14 Preventing Waste and Fraud00:09:33 Case Study: Vendor Review00:16:40 Risk Assessment and Client Selection00:25:48 Advice for Young AuditorsAbout Tiffany McCoyAs a Manager in Cherry Bekaert's Government Public Sector industry group, Tiffany McCoy is part of the Internal Audit and Forensic team in which she provides clients with management and risk consulting projects, including compliance, operational and organizational assessments, risk assessment and internal audit and business process reviews. She is also experienced with public sector engagements focused on accounts payable, procurement practices, IT capital improvement plans, public works and maintenance, physical security and safety, asset management, permitting and inspection, and fleet management. Prior to joining Cherry Bekaert, Tiffany worked with Baker Tilly a top-10 public accounting firm's public sector practice, executing internal audit engagements all levels of State and Local government. Additionally, Tiffany worked at the Illinois Finance Authority (IFA), one of the largest issuers of tax-exempt conduit bonds in the county, working on State programs that provided low-cost capital to stimulate economic growth, including local government, fire truck protection districts and ambulances, agriculture, energy, and healthcare programs. Tiffany has also worked on independent consulting engagements in the areas of internal audit analytics and high school district risk assessment and policy improvement programs.