Benefits and Risks of Immediate Communication in the Audit Team

If you have a stakeholder in an examine, you should consider the pros and dangers of direct communication with the audit team. Oftentimes, a stakeholder can disagree with the auditors’ observations and feel betrayed. If this is the truth, the auditors will keep pace with clarify their very own position and offer context with regard to their observations. They may also keep pace with gather further facts or evidence to compliment their conclusions. While immediate communication with stakeholders is very important, it must be reinforced with the need for independence.

The audit workforce should contact the business on an recurring basis. For example , the team should certainly discuss the way the audit will always be conducted, what issues will be discussed and which areas will be susceptible to the review. In addition , they must discuss the scope for the audit, the criteria used, and management’s responsibility inside the subject area. It is important to maintain great relations with all the entity, playing comments and discussing problems as they occur. The exam team’s aim is to deliver an objective and fair are accountable to the entity.

On-site audits often present the greatest concern for immediate communication. Only some team members happen to be seated for their personal computers, and cell phone signals may not be strong enough allowing private discussion posts. Furthermore, the schedule can often be so tight, team corresponding documents in a data room discussions must wait until scheduled workforce meetings. Because of this, follow-up on audit paths may be delayed. This is why effective communication between audit workforce and the control team is really so important.

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