Auditing is an essential process for businesses of all sizes and industries. It helps organizations achieve their objectives by evaluating and improving risk management, governance, and control processes, enabling the organization's leaders to make informed decisions. However, traditional audit processes can be slow, inflexible, and disconnected from the rest of the business. This is where Auditing with Agility comes in.
Auditing with Agility is a flexible, customizable approach to auditing that borrows principles and practices from Agile and DevOps to improve the overall efficiency and effectiveness of the audit process. By truly being agile, auditors can be more responsive to change, adapt to the unique needs and requirements of each audit engagement, and deliver faster, more valuable audits.
One of the key benefits of Auditing with Agility is that it encourages auditors to work more closely with their clients in the business. Traditional audit processes can be disconnected from the rest of the organization, but by Auditing with Agility, auditors work in collaboration with the business to identify and address risks in real-time. This helps organizations respond more quickly to changes in the business environment and make more informed decisions.
Another benefit of Auditing with Agility is that it allows organizations to increase responsiveness to change. In today's fast-paced business environment, organizations need to be able to adapt quickly to changes in order to stay competitive. Adaptable auditing, one of the core components of Auditing with Agility, allows organizations to do just that. Traditional audit processes can be slow and inflexible. Through adaptable auditing, auditors intentionally identify the need to change and proactively modify the audit approach to do so, thus providing more value to the organization. This, in turn, helps the overall organization become more responsive to changes in the business environment and stay competitive in the ever-changing marketplace.
This makes Auditing with Agility the future of audit. Its flexible, customizable and adaptable approach improves the efficiency and effectiveness of the audit process, while increasing responsiveness to change, which is imperative for internal auditors of today and of the future. The need for organizations to respond to change, make more informed decisions, and remain competitive grows every day, and auditors need to keep up with or, better yet, stay ahead of this by Auditing with Agility.