A recommended approach to managing your audit, using the Diligent HighBond platform.
Audit management overview
Auditors face various challenges as they work to better serve their organizations. They need to align with executive management on strategic objectives. At the same time, they are also required to provide consulting expertise.
Challenges and opportunities
Audit is uniquely positioned in the organization to deliver assurance and consulting insight across all business functions. How is the organization dealing with risk? What remaining risks are most likely to impact objectives?
Yet, increasing annual workloads and tight budgets pose challenges. Global business environments are evolving. The need for high-quality audit engagements is critical.
People involved in audit management
The people involved in audit management include:
- General staff auditors
- Audit Executives
- Other professional staff involved in the audit process