As internal audit evolves, so too must its use of technology. The Global Internal Audit Standards place a clear responsibility on the Chief Audit Executive to “strive to ensure that the internal audit function has technology to support the internal audit process” (Standard 10.3 ‘Technological Resources’).
The first in a series of sessions hosted by the QLD Chapter, this session will provide practical guidance on how to develop and implement a technology strategy that aligns with internal audit objectives, enhances audit delivery and supports innovation within your team. Key points to be discussed include:
- Understanding Standard 10.3 - What it means for technology expectations in internal audit
- Building a tech strategy - Steps to assess current capabilities and define your future needs
- Technology enablers - Tools and platforms that can enhance planning, execution, and reporting
- Overcoming barriers - Addressing budget, skills, and change management challenges
Presenter: Peter McLeod PMIIA GradCertIA, Associate Director (Internal Audit), The University of Queensland
Dr Peter McLeod is the Associate Director (Internal Audit) at the University of Queensland. Prior to beginning a career as an internal auditor Peter worked within the Accounting and Information Technology industries. Peter made a transition from being audited to auditing others in 2019. His Information Technology background enabled Peter to implement continuous controls monitoring, robotic process automation and data visualisation in internal audit. Peter is a firm believer that Internal Audit should set the benchmark for business to maintain credibility, utilise resources effectively and ensure that sampling bias does not exist. This ensures that Internal Audit maximises the value of the business especially when artefacts are handed back to management post audit. Peter progressed to Professional Membership of the Institute of Internal Auditors based on the outcome of his external quality assurance assessment conducted by the Institute of Internal Auditors in 2021. Peter completed his Graduate Certificate in Internal Auditing in 2022. Peter was awarded the Emerging Internal Auditor of 2023 by the Institute of Internal Auditors for his contribution to the profession. Peter has written several fact sheets, white papers and presented at a variety of institute of Internal Auditor conferences including SOPAC over the last few years. Dr McLeod is a Fellow of the Certified Practicing Accountants (CPA), Member of the Australian Institute of Company Directors and holds a PhD in Artificial Intelligence.
CPE Points: 1
Delivery: This Members' Meeting will be hosted via Zoom