• Ep 193: How to Build a Strategy for Internal Audit w/ Richard Chambers

  • May 21 2024
  • Length: 29 mins
  • Podcast

Ep 193: How to Build a Strategy for Internal Audit w/ Richard Chambers  By  cover art

Ep 193: How to Build a Strategy for Internal Audit w/ Richard Chambers

  • Summary

  • This week, Richard Chambers, former president and CEO of the IIA and Senior Advisor, Risk and Audit at AuditBoard, joins the show.

    In this episode, Richard shares the integration of strategic planning into the latest IIA Standards. He provides valuable insights on crafting a strategic plan, the importance of a strategic vision, and techniques for implementing tactical accountability.

    Be sure to connect with Richard on LinkedIn.

    Also, be sure to follow us on our new social media accounts on LinkedIn, Instagram, and TikTok.

    Also be sure to sign up for The Audit Podcast newsletter and to check the full video interview on The Audit Podcast YouTube channel.

    Timecodes:

    3:05 - ChatGPT

    6:33 - Strategy Being Integrated into the New Standards

    9:31 - Developing Strategies for Internal Audit

    11:30 - Blueprint for Developing a Strategic Plan

    15:37 - The Purpose of a Strategic Vision

    19:05 - Tactical Accountability

    21:36 - Internal Auditors in the Era of Permacrisis

    24:00 - Critical Success Factors vs. KPIs

    25:34 - Advice for Internal Auditors on Creating Strategies

    27:55 - Final Thoughts

    *

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