Occidental Petroleum Corporation is an international oil and gas exploration and production company with operations in the United States, the Middle East and South America. It is one of the largest U.S. oil and gas companies, based on equity market capitalization, and the biggest operator and oil producer in the Permian Basin in the southwestern United States. As Occidental implements new processes and systems to improve how it operates, internal audit is working to modernize, too.

In this profile, Occidental Vice President of Internal Audit Gary Daugherty describes his team’s first steps to becoming a next-generation internal audit function.