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

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.
 
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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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