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Welcome to the inaugural episode of the Midship Podcast, featuring an insightful conversation with Mike Levy, CEO of Cherry Hill Advisory and former Chair of the IIA's North American Board of Directors. Mike delves into the intricacies of standard setting in the internal audit profession, the impact of emerging technologies, and the evolving relationship between second and third line functions. He also shares his views on the future of the internal audit profession, touching on the importance of adaptability, the role of generative AI, and the need for specialized skills. Don't miss this engaging discussion on how audit professionals can stay ahead in an ever-changing landscape. 00:00 Welcome to the Midship Podcast 00:09 Mike Levy's Professional Background 00:27 Understanding Internal Audit Standards 03:08 Impact of Technology on Audit 05:29 Specialization in Audit Roles 08:09 Evolving Relationship Between Second and Third Line 11:56 Future of Internal Audit and Technology 15:42 Conclusion and Contact Information