Internal Audit
Description
The U.S. inflation rate has soared above 7% — the highest in 40 years! The risks that inflation presents to organizations in every sector are abundant. Yet, the vast majority of American internal auditors today have never audited in an economy fraught with high inflation. This session will explore the factors contributing to renewed inflation, the first and second-order risks that inflation presents, and actions that internal auditors should take to help their organizations remain resilient as costs increase and pressure on the bottom-line mounts.
About the speakers
Richard Chambers is the CEO of Richard F. Chambers & Associates, a global advisory firm for internal audit professionals, and also serves as Senior Advisor, Risk and Audit at AuditBoard. Previously, he served for over a decade as the President and CEO of The Institute of Internal Auditors (IIA), where he led the organization to record global membership and countless milestones. Prior to The IIA, Chambers was national practice leader in Internal Audit Advisory Services at PwC and vice president of The IIA's Learning Center.
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