Internal Audit

Episode 15 - Getting Started with Machine Learning in Risk Management

Episode 15 - Getting Started with Machine Learning in Risk Management

Office Hours is a work of passion to share strategies, technology ideas, and real-world stories that inspire governance, risk management, compliance, and audit professionals to live their biggest impact! Our channel is dedicated to delivering the best stories and strategies in developing GRC programs we've seen across 7,000 organizations in 140 countries around the world. In every episode we'll drill down on a topic that can help you level up - risk management, compliance automation, data analytics, next-generation auditing, robotic process automation, artificial intelligence, etc.

Episode 13 - Don't Let the PCAOB Make Us Dumber

Episode 13 - Don't Let the PCAOB Make Us Dumber

Office Hours is a work of passion to share strategies, technology ideas, and real-world stories that inspire governance, risk management, compliance, and audit professionals to live their biggest impact! Our channel is dedicated to delivering the best stories and strategies in developing GRC programs we've seen across 7,000 organizations in 140 countries around the world. In every episode we'll drill down on a topic that can help you level up - risk management, compliance automation, data analytics, next-generation auditing, robotic process automation, artificial intelligence, etc.

Episode 9 - Contract Risk, Over-billing Schemes, and Third Party Risk

Episode 9 - Contract Risk, Over-billing Schemes, and Third Party Risk

This week on Office Hours (https://officehou.rs), hosts Kevin Legere and Dan Zitting discuss third party risk management by looking at a situation where contract risk/vendor risk led to several very large organizations being substantially over-billed and the vendor itself having to restate its financial statements after rectifying the issue. We'll dig into how it happened and using "big data" to identify and resolve the issue.

Episode 8 - Is your organization paying dead people?

Episode 8 - Is your organization paying dead people?

This week on Office Hours, hosts Kevin Legere and Dan Zitting discuss their experiences identify ghost employees, ghost beneficiaries, and other related cases where large organizations are being defrauded through the identify theft of dead people. Kevin describes a large company where identified a high ranking executive had used the identity of a dead person to get hired, Dan describes a state government paying benefits (food stamps, veteran benefits, etc.) to people who were actually dead, and we show how to identify and monitor these issues. Enjoy!

Episode 6 - The Paradise Papers and Finding Indications of Fraud and Corruption

Episode 6 - The Paradise Papers and Finding Indications of Fraud and Corruption

This week on Office Hours, our first guest host, the mad genius Phil Lim, joins Dan Zitting to talk about the Paradise Papers... what they mean and how an organization he worked with was interested in using the data compiled from them to look at potential risk indicators fraud or corruption. Phil actually uses the real data with real US government spending data to show how the process looks to evaluate red flags.

Episode 5 - No more excuses: Five easy steps to getting started with data analytics and automation

Episode 5 - No more excuses: Five easy steps to getting started with data analytics and automation

This week on Office Hours, hosts Dan Zitting and Kevin Legere summarize Kevin's experiences as a data analytics consultant to audit and compliance teams who are just getting started with an analytics program. Kevin distills the what he found are really the five key steps to getting off the ground and building your first "data robots". These worked at Fortune 500 company's and the US Federal Government, hopefully they work for you if you are just diving into "data-powering" your team or function!

Episode 1 - Building a SOX Roadmap with Impact (the SOX Robots are Coming!)

Episode 1 - Building a SOX Roadmap with Impact (the SOX Robots are Coming!)

This week on Office Hours, our hosts, Dan Zitting and Kevin Legere, talk about having a plan and roadmap for SOX that will differentiate the value your program delivers. Most companies have basic SOX testing nailed down by now, but it's still far too manual and far too inefficient. These types of SOX programs are growing stale - we need a roadmap to better value. Additionally, robotic automation is coming to SOX programs, so we can either be the ones building the automation or the ones being automated. This episode lays out the maturity curve and gives real examples to push toward getting there.