Audit Tips

8 Tips to Manage Relations in Times of Change

As technology has evolved, auditors have gained flexibility in working remotely. Our ability to adapt quickly and use the technological tools at our disposal is continuously tested in a constantly changing audit landscape. In this new environment, managing relations with auditees requires an even higher degree of intuitiveness and interpersonal skills than usual.

This Audit Tips edition offers guidance on how auditors can effectively manage relations with auditees during these times of change.

6 Ways Auditors Can Cope with the COVID-19 Crisis

The COVID-19 crisis is triggering unprecedented and trying times for our society and we will all feel its reverberations for years to come. Auditors are also affected and must take stock of how they will manage through this challenging time. Although COVID-19 presents auditors with some challenges, it also brings some opportunities.

This edition of Audit Tips provides advice on how auditors can adapt to the current crisis.

10 Indicators that Oversight May Be at Risk

When auditing an oversight body such as a board of directors, a council, or a committee, it may be challenging at first to determine what the audit should focus on. However, minutes and other basic documents can include clues that can help you decide where you should be targeting your examination.

In this Audit Tips, we present a list of 10 indicators that oversight may be at risk.

4 Opportunities Blockchain Technology Brings to Auditors

Public sector auditors work in a rapidly evolving environment and need to be aware of how new technologies could impact their practices. Blockchain technology is an example of an innovation that has the potential to change how audit organizations collect audit evidence and manage their data.

This Audit Tips highlights four opportunities that Blockchain technology opens up for public sector auditors.

10 Questions to Consider When Drafting Audit Recommendations

An effective audit recommendation guides the actions needed to correct the problems identified in the audit’s observations. Drafting effective recommendations is a challenging task that requires much thought, discussion, and professional judgment. To help auditors with this task, we have compiled a list of questions that they can consider when writing audit recommendations.