On this episode of the Risk & Accounting Advisory podcast, Neal Beggan, Risk Advisory Leader continues the Risk In Review series as we explore internal audit plans and a few common mistakes that often occur during the development of the annual internal audit plan. Lori Daniels and Christine Homack, both Senior Managers in Cherry Bekaert’s Risk Advisory practice, specializing in internal audit and risk management, unpack the importance of establishing a sound audit plan and internal controls framework can ensure your organization is protecting against fraud and misuse, creating organizational efficiency, financial stability, integrity, and meeting any regulatory compliance requirements. Our risk professionals examine all aspects of internal audit planning including when to start planning, carry over audits to be considered, incidents that require special projects or reporting, inclusion of senior management in the audit planning process, linking your audit plan to your organization’s strategic plan and goals and finally, utilizing a risk assessment.

Cherry Bekaert’s Risk Advisory practice is focused on helping our clients protect value, power performance, and build resilience with mature internal controls and risk management practices.

If you need assistance with your internal audit function, developing a comprehensive internal audit plan, or having a risk assessment conducted, please reach out to our risk advisors.


View All Risk & Cybersecurity Podcasts

 

Neal W. Beggan

Risk Advisory Services

Partner, Cherry Bekaert Advisory LLC

Past Episodes

Risk & Accounting Advisory Podcast thumbnail

Podcast

May 20, 2025

09:04

Speakers: Yani Diaz

Learn how internal audit teams use data analytics to identify control weaknesses, ensure compliance, and make better data-driven decisions.

Risk & Accounting Advisory Podcast thumbnail

Podcast

May 7, 2025

15:09

Speakers: Andrew Jameson

Discover the top three critical internal audit skills from IIA's Vision 2035 and learn how to build communication, adaptability, and critical thinking.

Not For Profit Podcast thumbnail

Podcast

May 5, 2025

14:39

Speakers: Danny Martinez

Learn how educational institutions can improve endowment oversight, address personnel transitions, and align funds with mission-driven goals.