We will discuss the impact of hiring accounting and finance professionals for the majority of the internal audit staff. The lack of diversity in education and professional experience is leading to a critical point in Internal Audit that could undermine our careers, eliminate internal audit, and expose organizations to unmitigated risk.
The discussion will include a look at the proposed changes to the Three Lines of Defense model.
After completing this presentation, you will be able to:
- Defend the need for diversity of thought in internal audit
- Demonstrate the need for non-accounting leaders in internal audit
- Express your concerns related to the proposed updates to the Three Lines of Defense model
CPE Hours: 1.0
Field of Study: Auditing
Prerequisites: Basic knowledge of internal audit.
Who Should Attend: This session is designed for all internal auditors.
Advanced Preparation: None
Program Level: Basic
Toby DeRoche is a Certified Internal Auditor (CIA) who holds an MBA with an Internal Audit specialization from Louisiana State University. He is also certified in Control Self-Assessment (CCSA), Risk Management Assurance (CRMA), Internal Control (CICA), Fraud Examination (CFE), and he is a SAFe 5 Agilist (SA).
His professional background includes identification and documentation of weaknesses that result in heightened business risk, while recommending solutions to such situations. Toby began his career in internal audit with Macy's Inc. He then worked as an implementation and training consultant for Wolters Kluwer. As a Solution Consulting Manager at Wolters Kluwer, Toby works with organizations that are looking for software solutions to their audit, risk and compliance needs. Throughout his career, Toby has assisted numerous internal audit departments create, perform, and supervise financial, operational, and compliance audits to evaluate control frameworks, financial systems and operating procedures.
Toby is also an experienced author and presenter, having delivered over 50 continuing education presentations to audit, risk, and fraud professionals.