Each edition of Audit Tips highlights good practices and provides practical advice for performance auditors on a selected theme.
Audit Tips are available to our Members only. Login below or register for membership to access.
|
5 Considerations When Choosing Value Added Audits
Choosing an audit topic is a crucial moment in the performance audit process. Ultimately, audit topic selection reflects on the credibility and the relevance of the audit organization and on the usefulness of its audit reports. A good way of selecting the right audit topic is to aim to add value for the recipient of the audit report. A value added audit is more likely to be well received and to lead to concrete improvements. But what does “value added” really mean?