Speaking of Risk and Audit

Exploring Emerging Risks in Internal Audit

In this episode of "Speaking of Risk and Audit," host Richard Chambers is joined by Mike Levy, CEO of Cherry Hill Advisory. Together, they delve into the evolving landscape of internal audit, discussing emerging risks such as cybersecurity and artificial intelligence that keep Chief Audit Executives (CAEs) up at night. Mike shares insights from his extensive experience, highlighting the importance of adapting to new global internal audit standards and the strategic role of CAEs in addressing these modern challenges.
The conversation covers the need for ongoing risk assessments, the integration of AI in audit processes, and strategies for overcoming talent shortages in the industry. As they explore the potential and pitfalls of AI, the discussion provides a comprehensive look at both the promise and threats posed by technological advancements in the field.
Tune in to gain expert perspectives on navigating the complexities of today's internal audit world and learn how to position your audit function for success.

"Strategic challenges and change management in internal auditing"

In this episode of the "Speaking of Risk and Audit," Richard Chambers engages in a dynamic discussion with Matt Mabel, Vice President of Internal Audit Quality Assurance and Process Improvement at American Express. Together, they explore the intricacies of strategic planning within internal auditing and the transformative changes underway at American Express. Matt shares his insights on the unique challenges faced in his role, including innovation in audit processes and the implementation of new technology.
They delve into key strategies for managing organizational change effectively, emphasizing the importance of stakeholder engagement and clear communication. Matt's expertise in change management offers valuable advice for audit leaders preparing for inevitable transitions and striving to provide strategic value to their organizations.

Navigating Modern Risks

Join us as we delve into the dynamic world of internal audit and financial advisory services with Andrew Struthers-Kennedy, the managing director at Protiviti. Andrew shares the inside scoop on the 13th annual Executive Perspectives on Risk survey conducted with over 1,200 executives worldwide.
The conversation unveils the most pressing short-term and long-term risks facing today's executives, emphasizing the significance of talent management, economic conditions, and the growing concern of cyber threats. Richard and Andrew explore the evolving role of internal auditors and risk managers in adapting to emerging technologies like AI and preparing for future disruptions. With the interconnected nature of modern risks, discover how organizations can better equip themselves to face the challenges ahead.
Perfect for business leaders, risk managers, and anyone keen on understanding the ever-changing landscape of risk and auditing, this episode offers a wealth of insights and practical advice for staying ahead in an uncertain world.

Unveiling the Future of Public Sector Auditing

Join Richard Chambers, Senior Advisor of Risk and Audit at AuditBoard, in this insightful episode of Speaking of Risk and Audit as he welcomes David Hill, former CEO of SWAP Internal Audit Services. Dive into the unique challenges facing public sector auditors in the 2020s, and explore David's vision for transforming the perception and value of internal auditing.
Discover how networking, adaptability, and innovative approaches like the one-page audit report can help auditors remain relevant in an ever-evolving risk landscape. Delve into the pivotal role that auditors play as guardians of public trust, and gain practical advice on navigating political pressures and resource constraints. This episode serves as a beacon for auditors aiming to make a significant impact in the public sector.

Transformational Leadership in Internal Audit

Join Richard Chambers in this insightful episode of 'Speaking of Risk and Audit' as he engages in a dynamic conversation with Joanne Traice, the Group Chief Internal Audit Officer at DP World.  Joanne shares her journey from PwC to DP World, highlighting the evolution of internal audit from a function focused on controls, to a dynamic role centered on resilience, strategy, and impact across 79 countries and diverse industries.
Explore the importance of cultivating a high-performing culture that values curiosity and soft skills alongside technical expertise. Joanne reveals how traditional audit boundaries are being expanded by bringing in talent from non-traditional backgrounds, thus enriching the audit function with fresh perspectives.
The episode delves deeply into the integration of AI and technology in auditing, exploring how DP World is leveraging these tools to enhance efficiency and focus on critical decision-making. Joanne outlines the strategic implementation of technology while emphasizing the human element that AI cannot replace, such as critical thinking and ethical judgment.

Growth and Innovation With AuditBoard CEO

In this episode of "Speaking of Risk and Audit," host Richard Chambers welcomes Scott Arnold, the CEO of AuditBoard, to discuss the pivotal role of technology in navigating the ever-evolving landscape of risk management and auditing. Arnold shares his journey with AuditBoard during the onset of the COVID-19 pandemic and how the company's core values and customer-centric approach have driven its success and expansion.
The conversation explores the challenges faced by internal auditors and risk managers in a world full of disruptions and "permacrisis". Scott highlights the importance of having technology-enabled solutions to enhance efficiency and collaboration, thereby allowing professionals in the field to focus on strategic thinking and add greater value to their organizations.
As they reflect on AuditBoard's remarkable growth and innovation, Richard and Scott emphasize the significance of partnership, adaptability, and leveraging technology to transform the future of risk management and compliance. Tune in to gain insights into the exciting opportunities waiting within the field of audit and risk management.

Understanding the Risks of AI in Auditing

In this insightful episode of "Speaking of Risk and Audit," Richard Chambers, Senior Advisor for Risk and Audit at AuditBoard, converses with Tom McLeod, Chief Risk Officer and Client Impact Officer for Yellow Canary. With over 35 years of experience, Tom shares his perspectives on the intricacies of risk management and how organizations can better align with audit functions to ensure efficiency and effectiveness in the ever-evolving business landscape.
Together, they delve into the challenges and opportunities posed by artificial intelligence within the internal audit world. Tom narrates his initial encounters with ChatGPT and AI technology, discussing the transformative potential it holds for the profession. He further provides practical and aspirational advice for chief audit executives hesitant about adopting AI.
The episode captivates the essence of being proactive in embracing technological advancements to turn existential risks into significant opportunities, drawing on Tom's extensive career experiences and strategic insight. Tune in to join Richard and Tom as they navigate the changing tide of risk and audit in the age of artificial intelligence.

Navigating Dynamic Risk With Anton van Wyk

Join Richard Chambers for the "Speaking of Risk and Audit" podcast series as he speaks with renowned expert Anton van Wyk. With over 20 years of experience, Anton shares invaluable insights into strengthening internal audit functions and enhancing governance practices.
Having recently transitioned from his leadership role at PwC to serving on the board of a South African bank, Anton provides real-world advice on audit committees' interactions with auditors, as well as managing emerging risks.
In this episode, listeners gain an understanding of how audit committees can navigate the complexities of today's risk environment, which is fueled by rapid digital transformation. Discover the importance of fostering a robust risk culture within organizations, and the critical role that boards play in safeguarding transparency and independence in audit functions.
With thought-provoking discussions on the changing governance landscape, this episode equips listeners to tackle the fluctuating risk landscape with confidence and foresight.

Insights from Pinterest's Chief Audit Executive

Join Richard Chambers, Senior Advisor of Risk and Audit for AuditBoard, as he engages in an insightful conversation with Ram Vijayanathan, Chief Audit Executive of Pinterest. Discover how Pinterest, a leading visual discovery platform with over 500 million users, navigates the ever-evolving tech industry with innovative audit strategies and risk management processes.
Dive into the challenges and opportunities faced by audit functions in tech companies, as Ram shares his thoughts on enterprise risk management, the role of technology in audit practices, and the significance of aligning audit objectives with business goals.