Auditing with agility

Should internal audit teams adopt agile principles?

Adopting agile principles into audit practices is a trend sweeping across the internal audit world, yet many auditors and internal audit teams are unsure where to get started

Agile audit processes can save time and yield benefits for many internal audit teams

What is agile auditing?

Agile auditing is used by internal audit teams to develop an audit plan that’s able to respond to change, whether that’s because new risks emerge or business priorities change

“In traditional project management, any late-stage changes are taken with a grain of salt as this usually means scope creep and thus higher costs

Why is agility important?

Delivering insights and information in real time, rather than waiting until the full reporting and audit cycle are complete

Although reports must be written and delivered, making management aware of significant issues proactively is a key benefit of agility, enabling response and recovery to occur in real time

×To implement auditing with agility, you can:

Adopt Agile methodologies in internal audit processes.
Discover an agile auditing strategy and create an executable plan.
Focus on value-driven auditing, integrated auditing, and adaptable auditing.

,Agile auditing involves using the agile methodology that comes from the software development world. Similar to other …