Do you want to increase the overall efficiency of your audit function but are unsure where to begin? Many audit functions are rightly under pressure from both the Board and CEO to increase their efficiency to either allow costs to be reduced or greater assurance to be given with the same budget. However, functional leaders often struggle to achieve breakthrough efficiency gains as we get lost in a mix of process improvement initiatives which often fail to deliver the efficiency gains expected. Successful and sustainable efficiency improvement requires a holistic approach, not just a focus on systems and process change work (including the latest trend to agile audit) but consideration of other aspects of functional change such as operating model optimisation and management operating framework design and associated training.
This session is particularly relevant for Chief Audit Executives, Directors and Heads of Audit and Functional operations leads who are looking to engage with their executive and board on increasing the value for money their function brings to the organisation.
Learning objectives:
- Learn the tips on how to accelerate efficiency activity and ensure that the improvements made are sustainable
- Hear practical experience on how to deliver sustainable improvements in your audit efficiency
- Gain ideas and inspiration on how to develop and implement a successful internal audit efficiency programme of activity
