Auditing at the Speed of Risk with Richard Chambers

Are you auditing at the speed of risk? Richard Chambers—50-year internal audit veteran and AuditBoard advisor—joins Blake to map the path forward. Hear why AI now ranks as risk #1, how to build continuous risk monitoring, and what “independence, not isolation” means for the three-lines model. Learn where CAEs should start with AI (risk assessment, analysis, reporting), how to audit culture and AI governance, and how to earn audit committee trust with no surprises.

Chapters

• (01:37) - Richard Chambers' Career Journey
• (03:15) - Evolution of Internal Audit
• (05:34) - Emerging Risks in Internal Audit
• (08:13) - AI and Cybersecurity Challenges
• (10:51) - Continuous Risk Monitoring
• (25:30) - Connected Risk and AI Integration
• (27:42) - Introduction to the Three Lines of Defense
• (30:01) - Evolution to the Three Lines Model
• (31:18) - Connected Risk and Collaboration
• (32:08) - AI's Impact on Risk Management
• (35:20) - AI in Internal Audit: Opportunities and Challenges
• (40:32) - The Human Element in Internal Audit
• (44:40) - The Future of Internal Audit and AI
• (54:00) - Conclusion and Final Thoughts

Download the Earmark CPE App Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728

Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.app

Connect with Our Guest, Richard Chambers

LinkedIn: https://www.linkedin.com/in/richard-chambers-a5108914/Twitter: https://x.com/rfchambersWebsite: https://auditboard.com/

Connect with Blake Oliver, CPALinkedIn: https://www.linkedin.com/in/blaketoliverTwitter: https://twitter.com/blaketoliver/