AuditBoard and Richard Chambers, Outgoing Head of The Institute of Internal Auditors (IIA), Come Together to Advance Profession | Financial Buzz

AuditBoard and Richard Chambers, Outgoing Head of The Institute of Internal Auditors (IIA), Come Together to Advance Profession

AuditBoard, the innovative cloud-based platform transforming how enterprises manage critical audit, risk, and compliance programs, announced today that the industry’s most active and influential internal audit spokesperson and thought leader, Richard Chambers, has partnered with the company as Senior Internal Audit Advisor. This relationship establishes a dynamic pairing of two industry forces mutually dedicated to the mission of elevating the audit profession, helping it grow substantially in its strategic influence within the enterprise.

In his role as Senior Advisor, Chambers, who as President and CEO led The Institute of Internal Auditors for 12 years before his recent retirement, will partner with AuditBoard on thought leadership, customer advisory, and industry research programs dedicated to advancing the practice of internal audit through education and digital transformation. This potent combination of thought leadership and technological innovation will expand and accelerate AuditBoard’s ability to inspire and enable more rapid modernization and maturity of enterprise audit, risk, and compliance management functions.

“We’re thrilled to welcome Richard and his unparalleled expertise and leadership in the field of internal audit to AuditBoard,” said Scott Arnold, President and CEO. “His passion for advancing internal audit, a passion that we not only share but is at the heart of our customer-centric approach, makes him the perfect fit for this role. His unique insights into the challenges and opportunities facing internal audit teams today will help to enhance the way we serve them.”

“My time at The IIA was so rewarding, and as I considered what was next for me, it was clear that I needed to continue on my life mission to advance the internal audit profession,” said Richard Chambers, Senior Internal Audit Advisor for AuditBoard. “AuditBoard naturally stood out as a firm I wanted to align with. In my time with The IIA, I witnessed first-hand their commitment to lifting the audit profession through education and cutting-edge technology. Their goal of empowering auditors to become more strategic contributors to their organizations resonates deeply with me, and I look forward to partnering with them to further elevate and advance the internal audit profession.”

The addition of a pre-eminent voice of the internal audit profession comes at a time of accelerating growth for AuditBoard. The company was recently named, for the second year in a row, as one of the fastest-growing technology companies in North America, according to Deloitte.

“The thing that gets me excited about AuditBoard, is the fact their GRC platform has been thoughtfully crafted for members of the profession — it’s modern and contemporary, designed to align audit, risk, and compliance professionals and other key stakeholders across the enterprise,” said Chambers. “I don’t see how Internal Audit can continue to evolve and advance without transforming how they leverage technology to drive change and value. I speak a lot about capacity multipliers and there’s really no greater one than an integrated technology platform that can help you do much more with less and make your organization more effective.”

About Richard Chambers

The CEO of Richard F. Chambers & Associates, a global advisory firm for internal audit professionals, Chambers has more than four decades of internal audit and association management experience, mostly in leadership positions. He became president and CEO of The IIA in 2009, and led The IIA to achieve record global membership and countless milestones over his tenure. Previously, Chambers was national practice leader in Internal Audit Advisory Services at PricewaterhouseCoopers 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 serves on the Committee of Sponsoring Organizations of the Treadway Commission (COSO) Board of Directors; the International Integrated Reporting Council (IIRC); and The IIA Board of Directors, as well as the Georgia State University School of Accountancy Advisory Council and the University of Alabama Culverhouse School of Accountancy’s Professional Advisory Board. He previously served on 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. Also, he 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 two award-winning books: “Trusted Advisors: Key Attributes of Outstanding Internal Auditors,” which was released in early 2017; and “Lessons Learned on the Audit Trail,” which is currently available in five languages. In March of 2021, he released his latest book, entitled “Agents of Change: Internal Auditors in an Era of Disruption.”

About AuditBoard

AuditBoard is the leading cloud-based platform transforming how enterprises manage risk. Its integrated suite of easy-to-use audit, risk, and compliance solutions streamlines internal audit, SOX compliance, controls management, risk management, and security compliance. AuditBoard’s clients range from prominent pre-IPO to Fortune 10 companies looking to modernize, simplify, and elevate their functions. AuditBoard is the top-rated audit management and GRC software on G2, and was recently ranked for the second year in a row as one of the 100 fastest-growing technology companies in North America by Deloitte. For more information: www.auditboard.com.

Contacts

Press Contact:

Scott Garner

press@auditboard.com