<p><b>Embracing Internal Audit Evolution: A Conversation with </b><a href='https://www.linkedin.com/in/michael-drechnowicz-404861a6/'><b>Michael Drechnowicz</b></a><b>, Head of Internal Audit at TK Elevator</b></p><p><br/>In this episode, Michael shares his insights on the evolution of IA in his role as Head of Internal Audit with a major player in the global elevator and escalator industry. </p><p>His work demonstrates a shift from traditional finance-focus towards extensive business process coverage, ranging from sales to purchasing and fraud investigations. </p><p>We discuss the increasing importance of diversity in global audit teams and how technology, particularly Artificial Intelligence (AI) and data analytics, are transforming internal audit processes. </p><p>The conversation further touches on AI&apos;s importance in identifying and managing risks, improving process efficiency, and augmenting the learning experiences of junior auditors. </p><p>Looking ahead, Michael sees a promising and dynamic future for internal auditors amidst rapid digital transformation.</p><p><br/><b>About this podcast</b><br/>The podcast for performance auditors and internal auditors that use (or want to use) data.<br/> Hosted by <a href='https://www.linkedin.com/in/conorfmcgarrity'>Conor McGarrity</a> and <a href='https://www.linkedin.com/in/yusufmoolla/'>Yusuf Moolla</a>. <br/>Produced by <a href='https://www.riskinsights.com.au/'>Risk Insights</a> (riskinsights.com.au). </p>