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Speed of Risk: Lessons Learned on the Audit Trail, Third Edition: Lessons Learned on the Audit Trail, 3rd Edition

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Book Details
Language
English
Publishers
Fina Press; 3rd edition (10 April 2024)
Weight
0.35 KG
Publication Date
01/04/2024
ISBN-10
1734594284
Pages
256 pages
ISBN-13
9781734594287
Dimensions
15.24 x 1.47 x 22.86 cm
SKU
9781734594287
Author Name
Richard F Chambers (Author)
Richard F. Chambers, CIA, CFE, CGFM, QIAL, CRMA, CGAP, is the founder and Chief Executive of Richard F. Chambers and Associates, LLC. From 2009-2021 he served as the president and CEO of The Institute of Internal Auditors (IIA), the global professional association and standard-setting body for internal auditors. Chambers has more than four decades of experience serving in and on behalf of the internal audit profession.As The IIA’s president and CEO Chambers led the organization to record levels of membership and certification. He presided over the launch of the Audit Executive Center; Pulse of Internal Audit; Audit Channel; Internal Auditor Online; the Certification in Risk Management Assurance (CRMA); the Qualification in Internal Audit Leadership (QIAL); the American Center for Government Auditing; the 2015 Common Body of Knowledge study and reports; the Financial Services Audit Center; and the Environmental, Health & Safety Audit Center.Previously, Chambers was national practice leader in Internal Audit Advisory Services at PwC and vice president of The IIA’s Learning Center. He spent the majority of his early career in public sector auditing, including serving as inspector general of the Tennessee Valley Authority; deputy inspector general of the U.S. Postal Service; and director of the U.S. Army Worldwide Internal Review Organization at the Pentagon.Chambers served for more than a decade on the Committee of Sponsoring Organizations of the Treadway Commission (COSO) Board of Directors. He also previously served on the International Integrated Reporting Council (IIRC); The IIA ‘s North American and Global Board of Directors; and the U.S. President’s Council on Integrity and Efficiency and the National Association of Corporate Directors (NACD) Blue Ribbon Committee for Audit Effectiveness.Accounting Today has named Chambers one of the Top 100 Most Influential People in Accounting. Chambers has been recognized by the NACD as one of the most influential leaders in corporate governance. He is the recipient of the Association of Government Accountants (AGA) Frank Greathouse Distinguished Leadership Award and the National Association of Black Accountants (NABA) Legacy Award. In 2016, Chambers was honored by American City Business Journals’ Orlando Business Journal as a top CEO of the Year.Chambers has authored three award-winning books: Lessons Learned on the Audit Trail in 2014; Trusted Advisors: Key Attributes of Outstanding Internal Auditors in 2017; and The Speed of Risk: Lessons Learned on the Audit Trail, 2nd Edition in 2019. His most recent book, Agents of Change: Internal Auditors in an Era of Disruption was released in 2021.Chambers holds a Bachelor of Business Administration and a Master of Business Administration at Georgia State University, as well as a Master of Arts in International Relations at Salve Regina University. He also is a graduate of the U.S. Army War College.Read more about this authorRead less about this author
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In 2014, IIA President and CEO Richard Chambers shared what he believed were the most important lessons from almost 40 years as an internal audit professional in the first edition of his book, Lessons Learned on the Audit Trail. More than 15,000 copies were sold worldwide and it was swiftly translated into Spanish, French, Traditional Chinese, and Simplified Chinese.

In the years since the first edition was published, Chambers has shared numerous new lessons across various content media and written more than 200 blogs and articles. The "speed of risk" has been a recurring theme in the messages he has delivered to the profession since 2014, and it is a theme that is prominent in this updated edition.

He addresses topics of concern to the profession today, including:The rising expectations of internal audit's stakeholdersThe imperative to audit at the speed of riskHow internal audit must leverage innovation in the face of disruptionInternal audit's role in auditing culture, artificial intelligence, and new technologiesThe idea that internal auditors can audit anything but not everythingThe skills future trailblazers will need in internal auditChambers's motivation in writing this new edition is that if he can help just one internal auditor to be better prepared for the challenges and opportunities that lie ahead, then the effort will have been worth it. .

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