Improve Audit’s Value Delivery by Strengthening Auditor Judgment

Almost 30% of audit engagements fail to meet the chief audit executives (CAEs) expectations for value delivery. Ineffective engagements can not only result in wasted time and resources, but also missed opportunities. Most CAEs attribute these value misses to errors in auditor judgment made during scoping, execution and reporting. In response, CAEs have focused on improving their team’s judgment abilities, but with limited success. Judgment accuracy is not just an ability challenge, but a volume one; auditors are feeling overwhelmed by the number of decisions they’re being asked to make. Meanwhile, it’s impossible for auditors to make decisions 100% of the time in the exact same way the CAE would have advised. Join this complimentary Gartner audit and risk webinar as a Gartner expert explains how CAEs can boost decision accuracy and engagement value by adopting a strategy of reducing unnecessary judgment. 

• Improve audit leadership’s visibility of the decisions auditors are making

• Embed continuous learning and auditor coaching into the process to minimize unnecessary judgment

• Examples for improving audit value through changes to audit scoping and execution 

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