Benefits and Hazards of Direct Communication of the Audit Group

If you have a stakeholder in an review, you should consider the pros and dangers of immediate communication of your audit workforce. Oftentimes, a stakeholder will disagree with all the auditors’ observations and feel tricked. If this is the situation, the auditors will seek to clarify their particular position and give context for his or her observations. They might also seek to gather additional facts or evidence to assist their final thoughts. While direct communication with stakeholders is very important, it must be tempered with the requirement of independence.

The audit group should contact the enterprise on an constant basis. For instance , the team should certainly discuss the way the audit will end up being conducted, what issues will be discussed and which areas will be governed by the review. In addition , they need to discuss the scope belonging to the audit, the criteria used, and management’s responsibility in the subject area. It is important to maintain very good relations when using the entity, playing comments and discussing issues as they occur. The review team’s objective is to deliver an objective and fair report to the organization.

On-site audits often present the greatest concern for direct communication. Not all team members are seated for their computer systems, and cell signals is probably not strong enough allowing private talks. Furthermore, the schedule can often be so limited, team SME transactions discussions need to wait until scheduled staff meetings. Due to this fact, follow-up about audit trails may be postponed. This is why powerful communication between the audit team and the administration team can be so important.