Changing the landscape of internal audit at Fairfax

John Fairfax Holdings Limited is Australasia's largest newspaper publishing group. It is a media company with an entrepreneurial spirit and a dynamic culture that needed an ambitious change agent to lead its first-ever internal audit function. Todd Davies, group audit manager, was hired as a catalyst for this change. In this profile, Davies discusses building an internal audit function with a three-year plan; using process workshops as an audit technique, and staffing the internal audit function with in-house and outsourced talent.