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Is Your Internal Audit Fit for The Future?

Date: Thursday January 17, 2013
Time: 8 am Pacific | 11 am Eastern
Duration: 1 hour

Internal auditors are dealing with an unprecedented level of change. Businesses are continually restructuring, merging, and acquiring. Cloud computing and virtualization are dissolving network boundaries. Cyberfraud is becoming more sophisticated and pronounced. This tough business landscape makes internal audit that much more challenging.

As a result, organizations are looking for a systemic and consistent Internal Audit process to increase transparency and efficiency and to survive the new crisis of the future. An effective Internal Audit function is a valuable resource for management, the board and audit committee to evaluate business performance.

This session will provide insight into the latest audit challenges and what internal auditors must do to meet changing stakeholder expectations and for delivering winning audit practices. Key discussion points are:

  • Key challenges and issues in managing internal audit across a large organization
  • How Internal Auditor's role has evolved, and how it may change in the future.
  • Understand the knowledge and skills necessary for success in the future; how technology can be enabler.
  • How to make the audit process more effective and efficient - Emerging trends and techniques in the internal audit world


Lynn Fountain, CPA, CGMA - President at Fountain GRC & Former VP Audit and Risk, Aquila Inc.

Ms. Fountain is a Kansas CPA and also holds her MBA. She has over 30 years of experience in the business profession, which includes public and industry accounting and over 20 years within internal and external auditing combined.

Ms. Fountain is the founder of Fountain GRC Services, a consulting practice specializing in aspects of Internal Audit, Sarbanes-Oxley, Enterprise Risk Management, Fraud, Governance and Compliance.

Ms. Fountain is an experienced trainer and speaker. She delivers high quality training for the Institute of Internal Auditors, MISTI, Marcus Evans and KSCPAs.

Timothy Schmutzler - Regional VP of GRC Solutions, MetricStream

Mr. Schmutzler is a Regional VP for GRC solutions with a broad background including governance, risk and compliance (GRC), IT audit, risk and controls assessment, information systems design and implementation. Prior to joining MetricStream he was a Partner with KPMG LLP in the Risk Advisory Practice focused on GRC, risk assessment and systems implementation. During his 20 years with KPMG, he held a number of roles including national and regional lead for GRC services, and IT advisory services lead for New England.

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