If you have a stakeholder in an audit, you should consider the benefits and risks of direct communication within the audit team. Oftentimes, a stakeholder is going to disagree with the auditors’ observations and feel tricked. If this is the situation, the auditors will seek to clarify their particular position and give context with regards to observations. They could also seek to gather further facts or evidence to guide their ideas. While immediate communication with stakeholders is important, it must be reinforced with the requirement of independence.
The audit team should communicate with the business on an continual basis. For instance , the team will need to discuss the way the audit is going to be conducted, what issues will be discussed and which areas will be controlled by the exam. In addition , they have to discuss the scope of your audit, the criteria used, and click here for more management’s responsibility in the subject area. It is vital to maintain good relations considering the entity, playing comments and discussing difficulties as they happen. The audit team’s objective is to deliver an objective and fair are accountable to the business.
On-site audits often present the greatest problem for direct communication. Only a few team members happen to be seated at their computer systems, and cellular signals might not be strong enough to allow private discussions. Furthermore, the schedule is normally so small, team discussions need to wait until scheduled staff meetings. For that reason, follow-up in audit tracks may be late. This is why powerful communication between audit crew and the management team can be so important.