• Drata Talks Navigating Audit Integrity and Independence

  • Dec 12 2024
  • Length: 45 mins
  • Podcast

Drata Talks Navigating Audit Integrity and Independence

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  • Summary

  • In this episode, host Troy Fine and producer Elliot Volkman welcome guest Kevin Kriebel, VP of Business Development at Drata. The conversation focuses on the challenges and intricacies of maintaining auditor independence and integrity in the compliance automation landscape. Key topics include the impact of bundling and price fixing on audit quality, the need for improved TPRM functionality, and the role of enterprises in ensuring higher standards. The discussion also addresses the importance of education and transparency in mitigating the risks associated with low-quality audits and driving market changes.


    01:04 Introductions and Ground Rules

    02:23 Discussing Auditor Independence

    04:30 Challenges in the Audit Industry

    06:19 Vendor Relationships and Audit Integrity

    10:14 Education Gap in Compliance

    23:58 Industry Price Fixing Concerns

    27:30 Discussing Audit Automation and Vendor Practices

    28:19 The Problem with Bundling Services

    29:02 Challenges in Vendor Accountability

    30:34 The Role of TPRM and AI in Compliance

    33:29 The Importance of Education in Compliance

    38:24 Market Dynamics and Compliance Requirements


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