How well-rounded is your audit plan? Download our guide to learn which five important operational audits to consider including in your audit plan, and recommended audit projects for each category.
How Can my Audit Team Add Value to My Organization?
A high-performing audit team will not only meet its SOX compliance requirements but also identify key areas for improving operational performance. The more comprehensive coverage an audit plan can provide across different categories — in addition to covering standard checklist procedures such as inventory audits — the more internal audit can position itself as a partner adding value to the organization.
What Does a Holistic Audit Plan Consist Of?
A holistic audit plan should reflect an enterprise-wide scope and coverage of risks — not only in HR audits, financial audits, and other compliance-related audits — but also in the inclusion of audit projects focused on improving operational productivity, efficiency, and effectiveness across the business. Internal audit has a key role to play in identifying areas that need attention and safeguarding strategic assets by mitigating potential future risks.
Download our Top 5 Operational Audits for a Well-Rounded Audit Plan below to learn which 5 important internal audits you should consider including in your audit plan, and recommended audit projects for each category!