The Audit Management Playbook

ADDING VALUE IN VOLATILE TIMES: THE AUDIT LEADER’S CHALLENGE

Whether you manage an audit team of five, thirty, or more, the greatest challenge any modern audit leader faces is how to stay relevant and add value to the organization. In light of a mass shift to remote working and economic uncertainty in the wake of the ongoing global pandemic, audit professionals face an especially unpredictable risk environment in 2021.

In order to drive value for the business during such volatile times, audit leaders must seek ways to drive efficiency throughout their audit lifecycles in order to preserve the resources needed to help the business identify and address new and emerging risks, including cybersecurity threats and economic conditions impacting growth.

Each section has been written with the goal of providing the most valuable considerations and best practices for each stage of the audit lifecycle, as well as practical tools and checklists to help auditors drive efficiency throughout their audit project and beyond.