May 2026

richardchambers.com · Mar 30, 2026 · Curated 3 months ago

Internal Audit's AI Paradox: Recognizing Risk, Hesitating on Strategy

Internal auditors identify AI as their top strategic risk, yet a significant portion of the profession remains hesitant to adopt or strategically integrate AI into their work. This article highlights the critical need for internal audit to move beyond passive observation and proactively develop a talent and technology strategy to leverage AI's transformative potential, shifting from traditional assurance to value-added advisory and foresight.

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richardchambers.com · Mar 23, 2026 · Curated 3 months ago

Permacrisis: Why Traditional Risk Management is Obsolete for Internal Audit

The concept of 'permacrisis' highlights a continuous state of global instability, rendering traditional, episodic risk management approaches ineffective. Internal audit and assurance professionals must recognize this fundamental shift, moving beyond predictable models to embrace resilience, integration, and adaptability in their risk frameworks. This article argues that the interconnected and compounding nature of modern risks demands a complete reinvention of how organizations, and by extension internal audit, approach governance, risk, and compliance.

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richardchambers.com · Mar 9, 2026 · Curated 3 months ago

AuditBoard Rebrands as Optro, Signaling Expanded GRC Vision and AI-Powered Future

Richard Chambers announces AuditBoard's rebranding to Optro, reflecting its evolution beyond internal audit to a comprehensive GRC platform. This strategic move highlights the company's commitment to integrating AI and providing a unified view across audit, risk, and compliance, positioning it as a key player in transforming risk into opportunity for assurance professionals.

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richardchambers.com · Feb 23, 2026 · Curated 3 months ago

Internal Audit Thought Leaders: 25 Influencers to Follow in 2026

This article highlights 25 additional internal audit professionals to follow in 2026, expanding on previous recommendations. It emphasizes the growing trend of "distributed thought leadership" within the profession, driven by social media and broader information access. For audit and assurance professionals, this list provides valuable resources for staying current, gaining diverse perspectives, and engaging with a wider community of experts.

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April 2026

richardchambers.com · Feb 15, 2026 · Curated 3 months ago

The Perils of Sole-Source Contracts: An Internal Audit Perspective

Sole-source contracts, while sometimes necessary, present significant risks for organizations, often leading to inflated costs, circumvention of controls, and potential for fraud. Internal auditors play a crucial role in scrutinizing these contracts to ensure legitimacy, proper documentation, and effective controls, safeguarding organizational resources and reputation. This article outlines key red flags and leverages AI as a tool for continuous monitoring and early detection of irregularities.

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richardchambers.com · Feb 8, 2026 · Curated 3 months ago

Unmasking Board Dependence: Red Flags for Internal Auditors to Watch For

Board independence is paramount for effective corporate governance, yet it's often compromised, leading to significant organizational risks. This article highlights critical red flags indicating a lack of board independence, offering internal auditors actionable insights to identify and address these issues. Understanding these indicators empowers internal audit to strengthen governance, protect stakeholder interests, and prevent potential corporate failures by ensuring the board maintains its oversight function without undue management influence.

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normanmarks.wordpress.com · Apr 27, 2026 · Curated 3 months ago

Rethinking the 'Clean Audit Report': Value, Communication, and the Future of Internal Audit Reporting

This article challenges internal auditors to reconsider the traditional 'clean audit report' and its value proposition. It prompts a critical evaluation of whether extensive, formal reports are always necessary, especially when controls are effective. For audit professionals, this discussion is crucial for optimizing communication with stakeholders, demonstrating audit's true value beyond just identifying issues, and aligning reporting practices with the strategic needs of the board and senior management.

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richardchambers.com · Curated 3 months ago

Rethinking Your Career Strategy for the AI Era: A Guide for Internal Auditors

Richard Chambers argues that the traditional linear career path is obsolete in the AI era. He advises internal auditors to shift their focus from static roles to developing enduring capabilities that AI cannot replicate. The article outlines five key actions professionals can take to thrive amidst technological disruption, emphasizing the importance of transferable skills, AI literacy, and a portfolio approach to career management.

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grantthornton.com · Curated 3 months ago

Tellen Acquires Grant Thornton's qm.x to Enhance AI-Powered Audit Quality

Tellen has acquired Grant Thornton's qm.x application platform, an audit quality solution, and entered a multi-year commercial agreement with Grant Thornton. This partnership aims to integrate qm.x into Tellen's AI platform, rebranding it as Tellen QM, to expand AI-powered capabilities for audit quality and execution globally. The move supports the modernization of audit workflows and consistent application of AI across engagements, addressing the growing emphasis on firmwide quality management systems by regulators.

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prnewswire.com · Curated 3 months ago

Petual Secures $20M to Advance Agentic AI in Enterprise Audit and Compliance

Petual, an AI company, has successfully raised $20 million in a Series A funding round to further develop its agentic AI platform for enterprise audit and compliance. This investment aims to enhance the platform's capabilities in automating and optimizing complex assurance processes, offering a new approach to risk management and regulatory adherence.

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