How to apply the best takeaways

from IIA GAM 2021

Dan Clark, Principal, D. Clark Risk Advisory Services

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Housekeeping

• Today’s session will be 50 minutes with 10 minutes for Q&A at the end.

• Please submit your questions through the Q&A panel on your Zoom
console.

• This session will be recorded. We will send a copy of the recording and
slides to all attendees.

• This session has been pre-approved for 1 NASBA CPE credit. To be

eligible, you must complete all 3 polling questions and stay on the line
for 50 minutes.

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Meet the speaker!

Dan Clark,
Principal, D. Clark Advisory Services

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Today’s Agenda
• GAM Quick Takeaways
• How Internal Audit can Become
Agents of Change
• Why Internal Auditors Need
Cyberskills
• Keys to Becoming More Resilient
as Auditors
• How to Audit in Dynamic Risk
Environments

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 “
GAM Surprise Takeaway:

Auditors Rock!
There was so much good material in the chat rooms when auditors
were sharing their ideas, questions and answers.

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 • Jim Pelletier – Governance: 8 principles and several
sub-principles to help auditors audit. Focus on Board
of Directors

• Mike Jacka – Audit Resilience: Operational

Some resilience is a strategic imperative!
• Humor at self but serious at work

Highlights • Social competence is a must

• As companies evolve, how does internal audit focus

on that evolution?

• Relevance, speed of risk, agility, nimbleness,

resilience

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 • Technology is advancing rapidly. Processes not
so much. And audit continues to focus on
process!

• 3 Lines of Defense: Have not moved far enough

Some
Observations • When it comes to ethics, relationships can
improve ethical behavior

• In times of drastic change, it is the learners who

inherit the future

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How Internal Audits Can Become
Agents of Change

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Agent 007 of Change

Can we check off the skills and attributes that we need to be

successful agents of change?

Skills Required Attributes Needed

Business Acumen Vision

Strategic Auditing Perceptiveness

Relationship Centric Assertiveness

Flexibility
Innovative Mindset
Patience

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Why Internal Auditors Need to
Enhance Their Cyberskills

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The Cyber World Today

The Business’
awareness of
Cyber Risks

Audit’s coverage
of Cyber Risk

Audit
leveraging
Technology

Business
leveraging
Technology

50% 100%
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Poll #1

How confident do you feel about your audit team’s

current coverage of cyber risks?

A. Confident – we’ve got it covered

B. Neutral – we’re covering an adequate amount of
cyber risk
C. Not confident – we’re not covering enough
because we don’t have the right skills
D. Not confident – we’re not covering enough
because we don’t have the right tools
E. Not sure

If the polling question does not pop-up on your screen,

please respond through Q&A.

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Keys to Becoming More
Resilient as Auditors

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Cyber Auditing

Dynamic Risks Facing Internal Audit

• Cyber Security

• 3rd Party
• Board Information
• Sustainability

• Disruptive Innovation

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Poll #2

Which dynamic risk is affecting your organization the

most?

A. Cyber Security
B. 3rd Party
C. Board Information
D. Sustainability
E. Disruptive Innovation
F. Other

If the polling question does not pop-up on your screen,

please respond through Q&A.

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Adopting technology

Tools and technology

• Robotics

• GRC Tools
• Data Analytics
• Artificial Intelligence

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Poll #3

Are you looking to buy audit management

technology in the next 6 months?

A. Yes
B. No
C. I don’t know

If the polling question does not pop-up on your screen,

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How to Audit in Dynamic Risk
Environments
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Audit Focus

2020s Re-Envisioned: Managing Data and

Plan, Respond, Recover Leveraging Technology

Keeping Pace With the

Rising From Crisis
Velocity of Risk

Fostering Resilient Teams

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Survey invite: How’s your audit-life balance?

Feeling burnt out from pandemic-

related risks, regular audit tasks, and
new work realities?
Benchmark your workload yourself
against your internal audit peers.

surveymonkey.com/r/GAM-2021

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June 1-3, 2021

• 26+ sessions
• Up to 13 CPE credits
• Training workshops
• Fun networking opportunities
• Interactive Product Lab
• Access to 40+ global session recordings

Register now!
Lite: $99
All Access: $129
Group: $299
For more information and to register
visit
highpointlive.com
Thanks for joining us!
Any questions?
Dan Clark, Principal, D. Clark Risk Advisory
https://www.linkedin.com/in/danielaclark/

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