Agile IA is an innovative approach that uses Agile software development values, principles, and practices to transform how internal audit engagements are executed. This methodology enhances the internal audit value proposition by facilitating a more agile approach to addressing organisational risk dynamics.
Agile IA includes process improvements, team-based iterative planning, sprints (time-boxed work increments), daily stand-up meetings, project collaboration with stakeholders, and iterative releases of work products.
Common features of Agile IA:
Focus on value for the organisation (rather than audit objectives
Enhanced client collaboration (part of project team
Iterative planning, execution, and reporting
Time-boxed discipline (fixed work cycles)
Self-organising audit teams
Timely audit insights and risk responses (real-time feedback)
Fewer disagreements about audit outcomes between audit team and audit client
Documentation rationalisation (simplification of workpapers)
AGILE AUDITING: TRANSFORMING THE INTERNAL AUDIT PROCESS
Member Price: RM 430
Non-Member Price: RM 770
By: Rick A. Wright Jr., CIA
Year of Publication: October 2019
Description
Agile IA is an innovative approach that uses Agile software development values, principles, and practices to transform how internal audit engagements are executed. This methodology enhances the internal audit value proposition by facilitating a more agile approach to addressing organisational risk dynamics.
Agile IA includes process improvements, team-based iterative planning, sprints (time-boxed work increments), daily stand-up meetings, project collaboration with stakeholders, and iterative releases of work products.
Common features of Agile IA:
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