Navigating Transformation with Russ Charlton

Welcome to another episode of "Agents of Change" with Richard Chambers, Senior Advisor for Risk and Audit at AuditBoard. In this insightful session, Richard is joined by Russ Charlton, Chief Audit Executive at Advance, to explore the evolving role of internal auditors in today's rapidly changing business landscape. Russ shares his extensive experience in both external and internal audit across various companies, including his current role at Advance, a diverse portfolio company owning well-known brands like Condé Nast and Iron Man. He highlights the significance of internal audit functions adapting to the era of perma-crisis, emphasizing the need for auditors to act as catalysts for transformational ideas rather than merely providing assurance. The discussion delves into the integration of Enterprise Risk Management (ERM) with internal audit, the challenges and opportunities presented by artificial intelligence, and the importance of trust and collaboration within organizations. Russ provides valuable insights on how internal auditors can leverage AI to enhance their roles and the critical skills needed to be effective change agents in the 2020s. Tune in to gain a deeper understanding of how internal audit can drive organizational success in an era marked by constant disruption and innovation.