The Accelerated Evolution of Internal Audit

Heron Schelp
Heron Schelp AGCO Corporation
Harold Silverman
Harold Silverman The Institute of Internal Auditors
Scott Madenburg
Scott Madenburg AuditBoard

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Webinar Speakers

Heron Schelp is the Global Chief Audit Executive at AGCO Corporation. Heron has over 20 years of experience in Business Processes and Information Technology (IT) auditing including internal audit projects, risk management activities, implementation and global coordination of SOX (both business and IT), system implementations support, investigations and data analytics in various areas and regions. Prior to AGCO, Heron worked for Arthur Andersen and for PwC both in Brazil and in the USA. Heron is a Certified Internal Auditor (CIA), and holds Certification in Risk Management Auditing (CRMA) and ACL Certified Data Analyst (ACDA). Heron also holds bachelor degrees in Business Administration and Accounting.

Harold Silverman is the Senior Director of CAE & Corporate Governance Engagement at The IIA. In this role, he provides thought leadership on emerging trends and leading practices to audit leaders and leads advocacy efforts for the profession with internal audits’ stakeholders and the organizations that influence internal audits’ stakeholders. Harold was previously Vice President of Internal Audit at The Wendy’s Company. Prior to Wendy’s, he was the Vice President of Internal Audit at Houghton Mifflin Harcourt Publishing Co. Harold has also held internal audit positions at Raytheon Co. and PwC.

Scott Madenburg is a Market Advisor at AuditBoard, supporting organizations, both large and small, transforming their audit, SOX, and risk management through best-in-class technology solutions. Scott has over 20 years of global experience in the areas of audit, risk, and compliance. Beginning his career at Arthur Andersen, Scott transitioned to internal audit with Fox Entertainment & News Corporation and then spent several years at Rovi Corporation, where he helped lead operational and IT audits, SOX compliance, consulted on business process improvements, and participated in multiple ERP implementations and M&A activities. Prior to joining AuditBoard, Scott was the Chief Audit Executive at Mobilitie, where he built the internal audit function from the ground up to a six-person department focusing on agile audits, SOX readiness, risk management, and cyber and IT security compliance.


The global pandemic has accelerated the evolution of the profession of internal auditing. The necessity for many to work from home in 2020 caused Internal Audit leaders to reimagine how internal audit work could effectively and efficiently be accomplished. The most successful internal audit functions in a post-pandemic environment will leverage the lessons that have been learned to improve their internal audit methodologies. Increased remote auditing, strategic use of audit technologies, and rethinking how to recruit, retain and deploy people will be an ongoing opportunity for internal auditors to bring additional value to their organizations.

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