From Sampling to Continuous Monitoring: Modernizing the Internal Audit Function

Join us for an in-depth conversation with Chifundo Biliwita, Director of Internal Audit and Advisory Services at Ball State University, as we explore the evolution of internal audit at Ball State University.

We’ll discuss Chifundo’s professional journey and the changing role of internal audit, from traditional compliance and periodic, sample-based reviews to a more advisory, data-driven, and continuous monitoring model.

Chifundo will share practical insights on balancing compliance and advisory responsibilities, aligning audit plans with university goals, and building trust with leadership as a new CAE. The discussion will also highlight the pivotal role of technology: what drove this transformation, and how the team successfully adapted to new ways of working.

Learning Objectives:

1. Understand the drivers and benefits of transitioning from traditional sampling/ad hoc analysis to continuous, full-population audit approaches.
2. Identify common challenges including data access, stakeholder engagement, and technology adoption, and how to overcome them.
3. Explore how to develop a culture of continuous monitoring and collaboration between audit and first line

Join us for an insightful peer-to-peer learning session and leave with actionable ideas, fresh perspectives, and renewed inspiration for your internal audit function!