Maximizing Internal Audit Quality, Performance and Value

IIA Members: $35 (1 FREE CPE)

Non-members: $70

Group Rate: $35

Speakers: Warren Hersh, CIA, CPA, CISA, CFE
Director
IIA Quality Service

Keith Kahl, CIA, CRMA, CPA, CGMA, CFE

Lead Quality Advisor

IIA Quality Services (contractor)

About the Speaker:

Warren Hersh is the Director of Quality Services for the IIA. He was previously Comptroller for the Central Florida Regional Transportation Authority (LYNX), Auditor General and interim CFO for New Jersey Transit, and Internal Audit Director at Jefferson Wells (now Experis) and BDO Seidman. With 40+ years of experience in internal auditing, quality assessment, risk management, fraud prevention/detection, project management, business process analysis/improvement, corporate governance, and IT, he has conducted external quality assessment reviews in many industries and has also helped to establish and improve internal audit functions. Warren served on the IIA’s International Internal Audit Standards Board for 11 years and the International Public Sector Committee for three years. Warren previously served as the President of IIA–Philadelphia and is currently on the Chapter Audit Committee. He presents frequently at industry conferences and is a CIA, CPA, CISA and CFE.

Keith Kahl is a qualified External Quality Advisor with experience (since 2021) leading/performing external quality assessments and he facilitates the IIA Audit Leaders Network’s CAE roundtables. He was a member of the IIA’s Global Quality Assessment (QA) Manual Task Force, senior advisor on IIA’s Vision 2035 project, and co-developed IIA Quality Services’ Principles Effectiveness (maturity) Framework. His total career spanned 40 years in external and internal audit (22 years as a Chief Audit Executive), tax, finance and accounting, investor relations, and operations at global, multi-billion dollar, NYSE companies. He has a BBA in Accounting from Cleveland State University (Cleveland, OH) and an MBA in International Business from DePaul University (Chicago, IL), and is a Certified Internal Auditor, Certified Public Accountant, Certified Fraud Examiner, Chartered Global Management Accountant and holds a Certificate in Risk Management Assurance. Keith served on both the Chicago and Houston IIA Board of Governors and led CAE roundtables in Chicago and Houston.

Training Description:

In 2024, the IIA introduced an updated International Professional Practices Framework (IPPF), including the newly established Global Internal Audit Standards. These revised Standards require internal audit functions to demonstrate not just conformance but also measurable performance, underscoring the importance of enhancing their contribution to their organizations.

This session will equip you with practical strategies and techniques to strengthen your department's effectiveness, improve audit quality, and exceed stakeholder expectations. Drawing from their extensive experience in developing and consulting with internal audit departments, conducting external quality assessments and the experience of the top profile assessors that have performed hundreds of EQAs on behalf of the IIA, you will be provided with actionable insights to elevate your internal audit function's value and impact.

Learning Objectives:

Introduction
Why The Standards Matter
Impact of the New Standards on Quality Assessments
Tips to Elevate Internal Audit Effectiveness
Common Observations of Quality Assessment Reviews